Not since Michael Foots 1983 election campaign has the UK been faced with such a radical alternative to the general consensus that the free market is broadly the best way to order society in this country. Since 1979 the Government has oscillated between pink and light blue. Now the choice appears between tepid blue and deep red. The note looks at the probability of the current Government falling and examines the credibility of Corbyn's approach examining the likely equity, bond and currency consequences of a Labour Government. Please contact us for a copy.