Back
13 Apr 2015
UK general election race continues to heat up – Investec
FXStreet (Barcelona) - Jonathan Pryor, Head of FX dealing at Investec, comments on the developments surrounding the UK general elections.
Key Quotes
“As the major UK political parties laid out their election manifestos, PM David Cameron’s plan to lower UK inheritance tax and compensate for it by increasing tax on the pensions of the wealthiest hit the news as being likely to complicate the system and raise house prices.”
“Meanwhile his rival, Ed Miliband, says he will claim the mantle of fiscal responsibility for his Labour Party, with a pledge to narrow the UK budget deficit every year if he gains power on May 7. Labour says it will guarantee that each of its policies will be fully funded and require no additional borrowing, as it launches its manifesto today.”
Key Quotes
“As the major UK political parties laid out their election manifestos, PM David Cameron’s plan to lower UK inheritance tax and compensate for it by increasing tax on the pensions of the wealthiest hit the news as being likely to complicate the system and raise house prices.”
“Meanwhile his rival, Ed Miliband, says he will claim the mantle of fiscal responsibility for his Labour Party, with a pledge to narrow the UK budget deficit every year if he gains power on May 7. Labour says it will guarantee that each of its policies will be fully funded and require no additional borrowing, as it launches its manifesto today.”