The Editorial Team |

What Corbyn Stands For and Why He Spooks Markets: QuickTake

LONDON (Capital Markets in Africa) – Jeremy Corbyn is a controversial leader even in his own party. The man seeking to dethrone Boris Johnson as U.K. prime minister has been criticized for failing to tackle racism in the Labour Party and for moving it too far to the left. He has also won support for radical plans to combat climate change and a raft of populist policies, some a throwback to 1970s-style socialism, including re-nationalizing…

The EU Hopes Boris Johnson Wins Big to Get Brexit Over With

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LONDON (Capital Markets in Africa) – Here’s something European officials are loath to admit in public: They would quite like Boris Johnson to triumph in U.K. elections. Despite personal and political differences and a lingering lack of trust, those close to EU chiefs privately acknowledge that a strong Johnson victory on Dec. 12 will mean the U.K.’s long-drawn-out departure from the European Union will finally happen, according to more than half a dozen EU officials speaking on condition of…

Pound Drops From 8-Month High as Tory Lead Shrinks in Key Poll

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LONDON (Capital Markets in Africa) – The pound fell from an eight-month high after a poll that successfully predicted the 2017 vote suggested the Conservative party will win a smaller majority than earlier predicted in Thursday’s election. Sterling slid as much as 0.4% after the YouGov poll indicated Prime Minister Boris Johnson’s party will gain a majority of 28, compared with 68 projected two weeks ago. Currency markets were already jittery ahead of a number of risk events in…

The Voting Tactics That Could Cost Boris Johnson His Majority

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LONDON (Capital Markets in Africa) – He was Tony Blair’s ultra-loyal spin doctor in the era of New Labour. But in this week’s U.K. election, Alistair Campbell is calling on voters to back the rival Liberal Democrats — all because of Brexit. “Voting Labour will just help the Tories,” Campbell wrote in a leaflet to electors in the district of Wokingham, a small town 40 miles west of London where Labour and the Liberal Democrats are vying to…

Boris Johnson’s Lead Cut in Key Forecast Ahead of U.K. Election

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LONDON (Capital Markets in Africa) – Prime Minister Boris Johnson’s lead in Britain’s general election was slashed by more than half in a hotly anticipated opinion poll released two days before the vote. The pound fell as much 0.4% on the news. The Tories will win 339 of the 650 seats in the House of Commons, Labour 231, the Scottish National Party 41, and the Liberal Democrats 15, according to a YouGov forecast on Tuesday. If the research…

The Tories Secretly Fear Trump Could Wreck Johnson’s Election

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LONDON (Capital Markets in Africa) – A few hours in the genteel English countryside next week could be the biggest risk to Boris Johnson in the final stretch of his election bid. The British prime minister will interrupt his campaign to briefly host NATO leaders at a luxury resort with a golf course and spa. Despite the tranquil surroundings, those close to Johnson fear the gathering at the Grove Hotel in Hertfordshire could turn into a…

Johnson Bolsters Security Message After London Knife Attack

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LONDON (Capital Markets in Africa) – Boris Johnson’s Conservatives will paint their party as one of law and order on Monday, while London reels from a terror attack and prepares to welcome Donald Trump this week for a NATO summit. Both the president’s visit and the deadly assault threaten to derail campaigning and crimp the Tories’ lead over Labour, less than two weeks before the U.K. votes in the general election. When Trump lands in London on…

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