The ghost of Christmas past: Woodford saga to haunt 2020

Equity Income fund drama likely to carry on into the next year

It is difficult to believe that at the start of this year, Theresa May was Prime Minister and the UK was scheduled to leave the European Union on 29 March.

Two Brexit extensions and a new Prime Minster later, and we head towards 2020 with a third Brexit deadline set for 31 January - with the small detail of a General Election taking place this week in a bid to get a deal agreed in time. At the time of going to press, the election polls had been oscillating between a Conservative win and a hung parliament, although sterling reached its highest level since May against both the dollar and euro last week as markets anticipated a Tory victory. Fund selectors dismiss Barnett/Woodford comparisons A Labour win seems the most unlikely outcome,...