Legal Business

Politics has changed – a high-stakes election for the nation and the City

On 7 May the nation faces one of the most unpredictable elections in recent history and one with high stakes given the issues on the table, including a potential EU exit, the break-up of the UK, big decisions on austerity and public finances and fundamental electoral reform.

The profession – like the City, like the electorate – largely doesn’t know what to make of it. But that doesn’t mean we won’t be wrestling with the implications of the 30-year journey of the UK from dual-party elective dictatorship to multi-party horse-trading and a series of disruptions to the UK’s constitutional arrangements since the early 1990s – disruptions that have often had unintended consequences.