Unhappy returns.

The article claims that investors have done badly in Great Britain under the Labor Party government. Share prices have had a good run in the past few months. Unfortunately for investors, share prices will have to climb a lot higher before the FTSE 100 returns to its all-time peak of 6,930. The last time the stockmarket reached that level was at the end of 1999. The information technology, telecommunications and electronics sectors have done spectacularly badly since early 2000, point out economists at the London Business School in their analysis of long-run global investment returns for ABN Amro, a bank. Yet what is remarkable about the performance of the stockmarket is that equities have done so much worse in Britain than in other countries since Labor came to power in 1997.