Building the future: Keir Starmer and Chancellor Rachel Reeves
In the aftermath of the election, investors may be hoping for the best, but fearing the worst.
For example, the new Government has intimated that it may compel UK pension funds to massively boost their holdings of British shares, a strategy that would reinvigorate UK markets.
Yet the memory lingers of the huge blow to our pensions from the abolition of the dividend tax credit during Tony Blair’s first term at Number 10.
The uncertainty is unnerving, heightened by fear that Labour will succumb to the temptation to return to its old tax-and-spend ways. But for now, stock market professionals seem happy to exploit the conditions created by the government’s current ‘don’t scare the horses’ stance.
If you are ready for a gamble and prepared for nasty surprises, here’s how to exploit the opportunities of this new climate.
THE BACKGROUND
In some quarters, there is talk of a…
