“It’s Brexit, stupid”

The latest indications are that the general election that may seal the fate of Brexit is unlikely to take place until the EU has agreed to delay Brexit again and the current deadline of 31^st October has been and gone. But as the Tories are currently riding high in the polls, the chances of a no deal Brexit at some point still seem fairly high. The financial markets are facing up to the possibility of two different worlds – one with the Conservative’s business-friendly tax policies, but a no deal Brexit or one with Labour’s anti-business polices and a soft Brexit.