
The FTSE-100 has barely moved since the election was called in late May. This is despite a new government with a substantial majority, promising a £70bn rise in annual public spending, alongside repeated promises to re-invigorate the UK’s capital markets. So, what is really happening?
It’s well known that since the Brexit referendum in 2016 the UK market has underperformed other mainstream markets. However that underperformance has been turning around.