Corbyn ‘chaos’ the risk but Johnson win expected

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By Jasper Cox, Lewis McLellan
05 Dec 2019

The Conservative Party’s lead in the opinion polls is giving rise to expectations that risk assets will rally, Gilts will sell off and primary markets will remain open after the UK general election on December 12. But a victory for Jeremy Corbyn’s Labour Party would cause panic.

The result will determine the ability of UK companies to proceed with capital raising through both equities and bonds.

Even though polls have tightened, many in capital markets expect the Conservative Party, led by Boris Johnson, to win a parliamentary majority. 

Not only would market participants relish greater ...

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