The return of political risk

Chris Dillow

Chris Dillow
The return of political risk

Political risk seems to be returning. Labour leader Ed Miliband is promising price controls not only for energy companies but for water companies and landlords too. And he says he's "looking at the case for higher minimum wages in particular sectors of the economy". In this, he's hardly to the left of public opinion. A recent YouGov poll found large numbers in favour of nationalisation and price controls even for food. Should equity investors worry about all this?

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