The investing implications of UK political upheaval

BlackRock
Door september 10, 2019 07:17

The investing implications of UK political upheaval

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Brexit-related sentiment swung wildly last week amid UK political turmoil. Scott takes stock of recent Brexit headlines and the investing implications.

We identified geopolitical risk as the key market driver in the second half of 2019 in our midyear investment outlook. The UK is the latest example, where deep divisions over a potential Brexit have unsettled the political landscape, paving the way for a broader set of potential outcomes. This could over time become a bigger worry for investors and businesses, in our view. We provide our take on the implications.

The UK parliament returned from recess early last week to upheaval, as lawmakers sought to force UK Prime Minister Boris Johnson to back down from his pledge to take the UK out of the European Union (EU) if no deal is reached by the October 31 deadline. That kicked off perhaps the most eventful week in British politics

BlackRock
Door september 10, 2019 07:17

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