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By Mark DOWDING, CIO at BlueBay Asset Management
Johnson plays fast and loose in Westminster while Greece’s government pursues a path of fiscal responsibility. Political developments in Europe provided the principal focus for investor attention during the past week.
The Brexit update
In the UK, 22 rebels from the Conservative Party voted against the government, in moves designed to curtail Boris Johnson’s ability to leave the EU on 31 October with no deal. With the Tories also losing their Westminster majority after Phillip Lee defected to the Liberal Party, a UK general election now seems inevitable. However, with Jeremy Corbyn having the ability to delay a vote beyond 31 October, events over the past few...
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