Banker's Umbrella's election message: Be grateful you're not Finnish

Banker's Umbrella's election message: Be grateful you're not Finnish

clock

The quasi-mysterious Banker's Umbrella watched the UK elections unfold from a secret location in Europe (Zurich). He has a message for those unhappy with the result...

I grew up in the UK in the eighties at a time when politics were ever present. It was the height of the Cold War and the UK economy, under Thatcher, was being changed in a fundamental way. During that period, the political divide between the left and the right was palpable, even to a young kid such as myself. This was felt particularly strongly in my family as my father was a non-Brit working in politics. The atmosphere of the time was manifested in odd clicks on the telephone and our mail often arriving opened. The UK intelligence services were far from anything that watching a...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Partner Insight: Tariffs are here to stay. What's next for investors?

Partner Insight: Tariffs are here to stay. What's next for investors?

The current outlook for US tariffs is complex and their full impact on growth remains to be seen. Columbia Threadneedle Investments explores what advisers need to know, key events to keep top of mind and how to navigate the uncertainty.

Columbia Threadneedle Investments
clock 23 October 2025 • 5 min read
IFS: Reeves must plug £22bn fiscal hole to restore 'tiny' headroom

IFS: Reeves must plug £22bn fiscal hole to restore 'tiny' headroom

Think tank urges chancellor to avoid 'limping from one forecast to the next'

Linus Uhlig
clock 16 October 2025 • 2 min read
Why higher bond yields aren't causing a Mini-Budget meltdown

Why higher bond yields aren't causing a Mini-Budget meltdown

'One thing we know about Rachel Reeves is she will live or die by her fiscal rules'

Laith Khalaf
clock 07 October 2025 • 5 min read