Investors predict how UK election will affect stocks

One in three UK personal investors surveyed expect the general election to have a negative impact on the stock market.

A poll by The Share Centre of 500 of its customers showed 33% expected the election to have a negative impact on the stock market, but 25% said they thought it would have a positive impact.

Either way, almost a third of the investors surveyed (30%) planned to change their investment behaviour or were already doing so as the UK general election approaches.

A further finding of the survey was that just under 65% of the personal investors polled intended to vote for the Conservatives; 13% said the Liberal Democrats would get their votes; 6% said they would vote Labour and just 1.5% said they would vote UKIP.

Asked what they would like to see the parties promise to personal investors, three key issues were: more incentives to encourage younger people to save more; an increased emphasis on financial education; and a reduction or removal of stamp duty on share trading.

©2017 funds europe

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