- The Labour Party’s big win in the U.K.’s Thursday election will it see take charge of the country after over a decade of leadership from the Conservative Party.
- The change comes at a time when economic uncertainty is still rife in the country, with the effects of higher inflation still being felt and interest rates remaining elevated.
- Stock markets and the property and housing sector are most likely to be impacted, while bond and currencies markets are unlikely to be affected as much, experts said.
General view of Bishopsgate in the City of London, the capital’s financial district. The UK economy has reportedly seen faster growth than initially estimated in early 2024.
Vuk Valcic | Sopa Images | Lightrocket | Getty Images
The U.K.’s Labour Party won big in Thursday’s election and is now set to take over from the Conservatives after 14 years, at a time when economic uncertainty is still…
