"Now is the Time to Buy Bargain UK Stocks"

Expert investors share their reactions to Prime Minister Theresa May surviving the vote of confidence - and what it means for equities and bonds

Emma Wall 13 December, 2018 | 9:42AM

Theresa May vote of no confidence Brexit conservatives

Richard Buxton, Fund Manager, Merian UK Alpha

Had it taken place 10 days ago, the confidence vote – and May’s victory – might have boosted the Prime Minister’s authority sufficiently to enable her to get the aborted deal vote through. She might even have obviated the need to announce that she does not intend to steer the Tory party into the next General Election – assuming, of course, that it occurs after March 2019.

Now however, she is so ‘on the ropes’ that I cannot really see winning the confidence vote at this juncture helping very much; in 24 hours, in all probability, this will be little more than old news, and will do little, if anything, to change the EU’s negotiation tactics.

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About Author

Emma Wall  is former Senior International Editor for Morningstar

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