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Июль
2024

Non-Farm Friday – Labour Pains

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Now what?

As we expected on Wednesday, the UKs Labour Party rode to a landslide victory in yesterday's election - overturning 40 years of Torie rule. Will this bode ill for US Conservatives in November or did UK Conservatives particularly suck? As Keir Starmer prepares to move into 10 Downing Street, will this leftward lurch paint the markets red, or will Labour's promised economic rejuvenation lead the UK into to a sea of green?

Labour's victory, while decisive, comes with a paradox. Starmer ran on a ...