The previous two years have taught that anything can emerge from the mire of Brexit, but it does appear that a Labour motion of no confidence will be little more than a last ditch (and ultimately futile) effort to exert its influence over Brexit from the increasingly distant opposition benches. While Labour would be apt to measure the risks and advantages of a general election, it is far more likely that a no confidence bid will be counted by all observers as a symbolic show of discontent by an opposition which has had virtually no impact on the Brexit process to date.

A series of defaults by India’s key infrastructure lender, Infrastructure Leasing and Financial Services Limited (IL&FS), has sparked fears about the health of other non-bank lenders and led to a squeeze in India’s corporate debt market that these lenders have relied upon.