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The Guardian - UK
The Guardian - UK
Business
Richard Partington Economics correspondent

Labour landslide may boost investment and confidence in UK, say City analysts

Keir Starmer and Rachel Reeves in the City of London.
Keir Starmer and Rachel Reeves have shifted Labour to the economic centre while courting big business. Photograph: Dan Kitwood/Getty Images

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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