Strong mandate for Keir Starmer’s party should help restore Britain’s ‘safe haven’ status, knocked by Liz Truss and Brexit
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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.
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