• HOME
  • UK GENERAL ELECTION

UK general election

Big Boris victory to fire up capital markets

SSA

Big Boris victory to fire up capital markets

Capital markets are set for a surge of adrenalin on Friday after Boris Johnson’s Conservative Party secured a thumping majority in the UK’s general election, removing a huge weight of uncertainty about Brexit.

  • UK ECM issuance revs up as Boris rejoices

    UK ECM issuance revs up as Boris rejoices

    There were audible sighs of relief on equity capital markets desks on Friday morning as Boris Johnson delivered a hefty Conservative majority in the UK general election. Bankers are now prepping for a busy 2020 and a solid UK issuance calendar. A state block trade of Royal Bank of Scotland shares is among the most anticipated chunks of business for next year.

  • Outlook brightens for UK PLC, but Brexit will bite soon

    Outlook brightens for UK PLC, but Brexit will bite soon

    There are fundamental reasons for UK assets to be revalued upwards, analysts believe. The powerful majority achieved by Boris Johnson's Conservatives tilts the UK towards a Trump-like market-friendly, fiscally generous patch. But the reality of Brexit cannot be ignored for long.

  • Market bets on Boris breaking Brexit promise

    Market bets on Boris breaking Brexit promise

    With a Conservative majority in Parliament meaning the UK will almost certainly leave the EU in January, attention turns to the transition period —market participants expect prime minister Boris Johnson to break his pledge not to extend it. Meanwhile, the UK’s financial sector now knows it will become less aligned to the EU, and bankers on contingent contracts could be about to move across the Channel.

  • Volatile UK politics worry M&A and PE executives

    Volatile UK politics worry M&A and PE executives

    Increasingly divisive and unpredictable UK politics is threatening the favourable conditions on which private equity firms and the leveraged finance industry have relied during the post-crisis years. Most levfin bankers and PE partners breathed a great sigh of relief on Friday morning, when the risk of a Jeremy Corbyn-led government dissipated and no deal Brexit became far-fetched — but uncertainty over Brexit remains. Karoliina Liimatainen reports.

People and Markets Notebook

Get a weekly email update of what the most important people and institutions in the capital markets are up to with GlobalCapital’s People and Markets Notebook