The twin threats of Brexit and Corbyn

Time is running out for investors to assess risks involved in British-linked stocks. Some major Irish companies could emerge unscathed, others will be hit hard

Labour leader Jeremy Corbyn giving his keynote speech at the Labour Party’s annual conference in Liverpool last week Picture: PA

There has never been a Marxist prime minister in Britain. The far left has always been on the fringes. But no longer. Look at the polls: the Marxist leader of Her Majesty’s opposition is now within reaching distance of 10 Downing Street.

While his ascension to power is far from certain, given that an election is still in the middle horizon, Jeremy Corbyn has made it clear that pain will be in store ...