UK stocks, sterling, bond prices rise as business calls for ‘fresh start’ under Labour – business live

TUC says Labour has ‘historic opportunity’ to ‘repair and rebuild Britain’ as Goldman Sachs raises UK growth forecasts

Labour wins UK general election as Keir Starmer says: ‘We did it! Change begins now’Housebuilders lead gains on FTSE 100 with Labour expected to restore mandatory housebuilding targets

Here is some reaction from the energy sector. Offshore Energies UK said it was “deeply concerned over Labour proposals to impose a further windfall tax and end new licences”.

David Whitehouse, the chief executive, said:

These policies, if poorly managed, and without industry input will threaten jobs and undermine the decarbonisation of the UK economy. The details matter.

Homegrown offshore energy is a jewel in the UK’s industrial crown that government must treasure.

Continue reading…

About Author