Despite the calling of a General Election for June 8th, the FTSE-100 continues to perform strongly, partly on the back of Wall Street and encouraging corporate figures. Since the surprise Election was called on April 18th, the FTSE-100 has advanced by over 5%. There has been no sign of political nerves as is normally the case with opinion polls conveying mixed messages.
An election upset, with Labour forming a government, would impact the whole market, with Corbyn’s desire to raise Corporation Tax threatening the dividends of companies with weak cover. We detail at those sectors which have other reasons to fear an upset.