The Labour Party’s landslide victory at the general election had been widely predicted, writes Cristian Angeloni. Now that Keir Starmer has been appointed prime minister, however, the focus will be on what his government will do for the UK economy and investors...
According to Abrdn head of developed market equities Ben Ritchie a Labour government will bring "clarity and stability" to the country, something the markets will benefit from considering the "increasingly volatile" world. Artemis Investment Management chief investment officer Paras Anand agreed, noting the UK is now in a situation to market itself as a "bastion of political stability" following years of being the "poster child for political instability and volatility around economic strategy". This is because, considering the current election in France and the US presidential electio...
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