Labour landslide may boost investment and confidence in UK, say City analysts
Strong mandate for Keir Starmer’s party should help restore Britain’s ‘safe haven’ status, knocked by Liz Truss and BrexitA landslide victory for Keir Starmer in the general election on Thursday could hand Britain a stability premium in global markets, boosting the pound, shares and investment in the UK at a time of mounting political turmoil elsewhere, City investors have said.In sharp contrast with Conservative party warnings over the dangers of a large Labour majority, analysts in the City of London said the prospect of a resounding mandate for Starmer’s party could secure Britain’s “safe haven” status among investors in an increasingly volatile world. Continue reading...
Strong mandate for Keir Starmer’s party should help restore Britain’s ‘safe haven’ status, knocked by Liz Truss and Brexit
A landslide victory for Keir Starmer in the general election on Thursday could hand Britain a stability premium in global markets, boosting the pound, shares and investment in the UK at a time of mounting political turmoil elsewhere, City investors have said.
In sharp contrast with Conservative party warnings over the dangers of a large Labour majority, analysts in the City of London said the prospect of a resounding mandate for Starmer’s party could secure Britain’s “safe haven” status among investors in an increasingly volatile world. Continue reading...
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