Corbynomics: the story so far

David Smith Economics expert

Before the election, many in business worried about Labour's economic policies. Under Jeremy Corbyn, they will have a lot more to worry about, David Smith writes.

The political earthquake that brought Jeremy Corbyn victory in the Labour leadership contest is one we should all take note of. Informed opinion is that this serial left wing rebel will never become prime minister and that he is more likely than not to be replaced by his party before the 2020 election; however he is leader of the opposition. And just as any American vice president is said to be a heartbeat away from the Oval Office so Corbyn is only a Conservative party implosion away from 10 Downing Street. Were the Conservatives to tear themselves apart over Europe ...

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Before the election, many in business worried about Labour's economic policies. Under Jeremy Corbyn, they will have a lot more to worry about, David Smith writes.

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