Now might seem an odd moment for investors to start worrying about U.K. political risk. By some estimates, the country is enjoying faster growth than any other major economy; in the third quarter of this year, the economy expanded by 0.8% from a year earlier. Later this week, the Office for Budget Responsibility is expected to substantially raise its estimate of 2014 growth to about 2.3%, compared with its March estimate of 1.8%. Unemployment has fallen to 7.6%, its lowest rate in more than three years.
Even so, some…
See the article here: For Investors, U.K. Political Risk Looms
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