Forget Brexit – the biggest thing to happen to the UK economy over the next couple of years could be the advent of a Labour government, and a particularly left-wing one at that. On the plus side, this could bring a small fiscal boost and a softer Brexit. But these benefits would probably be offset by the dent to private sector investment from Labour’s anti-business policies. And there is a risk that Labour would pursue a more aggressive agenda than that outlined in its manifesto, posing a more serious threat to the economy.
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