Money Minder UK

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Election 2017

In Brief: Election 2017

Thursday, 13 July 2017

The rise and fall of fall of market prices are a normal part of investing and an election result is one of the factors that cause markets to fluctuate. After the results of the snap general election in the UK on the 8 June 2017, a hung parliament was called. A Conservative government was the predicted outcome; however as the polls narrowed over the election campaign, the Conservative party lost 13 seats and Jeremy Corbyn’s Labour gained 30. The change in government has created some uncertainty in the investment markets. Investors must be reminded that you cannot predict for definite how a market index will move next, and focusing on your long term investment gains could help to sustain your strategy in uncertain times. Seeking professional financial advice could help you to further review your portfolio. 

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Please be aware these articles are for general information purposes only and correct at time of printing. We will not accept responsibility for any errors made or actions taken by any readers that have acted on the information contained. Answers given are for guidance only and specific advice should be taken before acting on any of the suggestions made. All information is based on our understanding of current tax practices, which are subject to change. Always remember when investing, past performance is not necessarily a guide to future performance and the value of some investment units can fall as well as rise.