This is Iain Martin’s weekly newsletter, exclusively for Reaction subscribers.
It’s Mark Carney time again. The former governor of the Bank of England pops up several times a year, offering his views on the ailing British economy.
Carney’s latest intervention a few days ago was about Brexit – again. High inflation in the UK is partly attributable to Britain having left the EU, he said in an interview with the Daily Telegraph.
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A Labour government will press more equality or climate legislation on companies, accompanied by a furious backlash from the Right.
Among developed markets, the star performer has been Japan, long the Cinderella of the global equity market.
While parallels will be drawn with the Cool Britannia days of Tony Blair, Starmer will struggle to truly match Blair’s knack of seizing the zeitgeist.
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