War on the wealthy- U.K

  • British opposition Labour Party leader Jeremy Corbyn will unveil an election manifesto today promising radical changes across the economy, with “bankers, billionaires and the establishment” targeted.
  • For all the noise that the launch is likely to create, markets still only see a Conservative victory in the Dec. 12 vote.
  • There is little sign of any doubts creeping into that view, with sterling volatility remaining anchored in the wake of the first leader's debate. 

(Source: Bloomberg)