On 8 June U.K. citizens go to the polls—again: the fourth time in four years.  The governing Conservative (Tory) Party under Prime Minister Theresa May is widely expected to win the general election with an increased majority. But the main opposition leader, Labour’s Jeremy Corbyn, has consistently defied public expectations, and in the wake of his manifesto’s release—which is the first and only time his party has unanimously agreed on anything during his time in charge—pollsters have cut the Tories’ lead and substantially shortened the odds on Corbyn reaching Number Ten Downing Street.

Whichever way the U.K. general election turns out, it looks highly likely that even without the regulatory and legal changes that Brexit will herald, the country is heading toward some significant corporate governance reforms and beefed-up enforcement to curb corporate misbehaviour.

Neil Hodge is a freelance business journalist and photographer based in Nottingham, United Kingdom. He writes on insurance and risk management, corporate governance, internal audit, compliance, and legal...