The Financial Outlook for Personal Investors: How are markets affected by mid-term PMs?

Russ Mould of A J Bell discusses with Simon Rose how markets have reacted to the resignation of Boris Johnson as PM, reflecting that no PLC board could behave as some politicians have done. He has looked at what difference it makes to shares when the Prime Minister is changed mid-term, finding that it makes little difference in the short term. Over a longer period, the economy is likely to have more of an effect although government policy – interventionist or not? – may yet be important. One thing is sure, this uncertainty won't encourage the overseas investors on whom the UK is so dependent.