How would a 'localised' UK impact fund managers?

Impact of 'local'UK

Lawrence Gosling takes a closer look at how devolvement of power to UK regions and countries after the general election could impact financial firms.

With only a month to go to the election, we are still none the wiser as to who is going to form the next government or, in fact, what any of their real policies are. The one area we can say will see changes post election will be devolution. All the main parties seem to agree on the case for more devolvement of power to the regions of the UK and to the individual countries making up the UK. For some, it was a near escape that Scotland did not vote for independence last year, but with the SNP likely to take the vast majority of seats in its country in May, there is no doubt they will be...