Why business needs to worry about the UK elections


London is booming and the overall UK economy, at least until last quarter, has been humming along at its best growth rate since 2008. Now, though, a new economic cloud is gathering. This time the trouble could come from the ballot box, with the country’s already fractious political system promising to further splinter in next week’s elections.

“You are looking at years of uncertainty,” warns Heather Conley, director of the Europe program at the Center for Strategic and International Studies. Conley spoke to me this week as part of our CSIS-FortuneSmart Women Smart Power iTunes podcast series. You can hear her in-depth analysis of the too-close-to-call May 7 elections by following this iTunes link.

The uncertainty Conley predicts ranges from the “shape of the United Kingdom and how its parts can work together” to a more immediate concern: The outcome of next week’s election and the prospect…

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