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Fruitful Labour

Article Abstract:

The UK stock market tends to be little affected by the party in power. Governments can affect policy in the short term but it is uncertain that they affect long-term growth. Inflation was high under the 1974 to 1979 Labor government, but this was partly due to petroleum price rises and the inflationary policies of the previous Conservative government. The Labor party is also likely to seek to reduce the budget deficit in line with the Maastricht agreement.

Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
Labour Party (United Kingdom)

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Review of the year - how 1998 shaped up for investors

Article Abstract:

British investors have faced instability in stock prices, while savers have been hit by lower interest rates. Stock markets have recovered after a fall in summer 1998. Meanwhile, the government has launched individual savings accounts with tax advantages to replace tax-exempt special savings accounts and personal equity plans starting in April 1999.

Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
United Kingdom, Economic Programs, Administration of Economic Programs, Stock-exchange, Stock exchanges

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Subjects list: United Kingdom, Exchanges, Economic policy, Financial markets
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