The Readout

Allegra Stratton: Re-plumbing the UK Political Landscape

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It’s hard to know which matters more: the historic victory in Gorton and Denton of the first Green candidate in a by-election, or the collapse in the UK of Markets Financial Solutions. The latter is the first time in this country that there’s been the scurrying across the lino of the kind of cockroach that Jamie Dimon has been warning about for months now — which could have worrying implications for both our political and financial landscape.

We’ll come on to Hannah-the-Plumber in a minute, but first MFS. Here’s our team: “As Market Financial Solutions hurtled towards collapse in London, the setting was new but the themes felt familiar.”