The question is whether Labour can deliver
Article Abstract:
Investors in the UK seem relatively confident that the Labour party will win the forthcoming general election. However, there is still uncertainty about the precise impact of a Labour victory on share prices and share values. Professional investors are particularly concerned about plans by shadow chancellor Gordon Brown to reduce further the ACT divided credit which is received by pension funds and other tax-exempt investing institutions. This could have a very negative impact on the stock market, leading to a fall of up to 20% in share prices.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
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No one swallows this tax propaganda
Article Abstract:
The UK Labour and Conservative parties are both guilty of manipulating data about tax to their own advantage. The Conservative party places emphasis on its efforts to reduce income tax rates, for example, but fails to draw people's attention to the fact that the overall burden of taxation has actually increased. Similarly, the Labour party is attempting to portray itself as the party of fiscal caution, but most voters are well aware that public spending would probably rise under a future Labour government.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
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Talking up a bear market
Article Abstract:
Many observers now believe that the world is facing a serious financial crisis. The more this prospect is discussed, the more likely it is to actually happen. There is a danger the financial markets will become driven by gut instinct, rather than by logic. There is great anxiety within the markets themselves, and this is in danger of becoming self-propelling, creating worse problems. It now seems that a rampant bear market mood is emerging.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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