Ignore the wild swings – UK stocks are a buy

Whatever wild turn the Brexit drama takes next, the important thing to remember is that UK stocks are trading at bargain-basement prices.

Bellway construction site © Alamy

Domestically focused UK stocks such as housebuilders would bounce on a Brexit deal
(Image credit: Bellway construction site © Alamy)

The FTSE 250 had its best day in nine years at the close of last week. News of "positive" discussions between Boris Johnson and Irish counterpart Leo Varadkar revived hopes of a last-minute Brexit deal.

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Markets editor

Alex is an investment writer who has been contributing to MoneyWeek since 2015. He has been the magazine’s markets editor since 2019. 

Alex has a passion for demystifying the often arcane world of finance for a general readership. While financial media tends to focus compulsively on the latest trend, the best opportunities can lie forgotten elsewhere. 

He is especially interested in European equities – where his fluent French helps him to cover the continent’s largest bourse – and emerging markets, where his experience living in Beijing, and conversational Chinese, prove useful. 

Hailing from Leeds, he studied Philosophy, Politics and Economics at the University of Oxford. He also holds a Master of Public Health from the University of Manchester.