The general election on Thursday 4th July, which the Prime Minister announced today, may usher in a new political era but it is unlikely to lead to a dramatically different economic outlook. The current fiscal constraints mean the winner will find it difficult to boost long-term economic growth. To the extent that there are differences, Labour may be better placed to boost investment than the Conservatives, but may be more likely to restrain the potential boost to productivity from Artificial Intelligence.
We’ll be discussing what the election means for the economy and financial markets in a 20-minute online briefing at 9.30am BST on Thursday 23rd May. (Register here.)
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