Just hours after the general election outcome, Roger Harding, of Cicero Consulting, sets out how the new government is likely to influence financial services.
Not wishing to be a ringing endorsement, Tony Blair has secured an historic third term for a Labour government. Yet despite a more than workable majority of over 60 seats, Labour will have much less room for manoeuvre than in the previous two parliaments where the government had massive three-figure majorities. The politics of this result are already moving quickly within the Parliamentary Labour Partywith many re-elected and several former senior Labour MPs are calling for Blair to reflect on the result immediately and this means Blair looking to his future sooner rather than later – we...
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