The U.K.’s center-left Labour Party has won a substantial parliamentary majority in the country’s general election, unseating the incumbent Conservatives after 14 years. Analysts from investment banks have named stocks and indexes that are likely to benefit as the transfer of power happens in the U.K. FTSE 100 versus FTSE 250 Citi’s European equity strategist … Read more
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 … Read more
Skyline view of the City of London financial district. Mike Kemp | In Pictures | Getty Images LONDON — Goldman Sachs on Friday upgraded its growth forecast for the U.K. after the Labour Party’s victory in the country’s general election. The investment bank said in a note released early Friday morning that it expected Labour’s … Read more
