News Formal

Stocks, property, bonds, the pound: Here’s what a new Labour government means for investing in the UK

  • 📰 CNBC
  • ⏱ Reading Time:
  • 34 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 72%

Breaking News: Politics Notizia

Economy,Europe Economy,Europe

As Labour takes power in the U.K., experts weigh in on whether the change in government will impact stocks, bonds, the British pound and property markets.

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.

Interest rates remain elevated in the U.K. as the central bank has battled high inflation following the Covid-19 slowdown. Susannah Streeter, head of money and markets at Hargreaves Lansdown, broadly echoed McManus' comments in a note published this week, but added that there could be some impact on the economy.

"Investors would welcome this focus on home building," he said. "What investors want is more focus on housing and delivering the homes the nation needs and leveraging in as much private investment as possible to create an attractive investment for more capital and to support the ambitions of the new Government."

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Asia stocks notch records; pound calm after Labour landslideAsia stocks notch records; pound calm after Labour landslide
Fonte: Investingcom - 🏆 450. / 53 Leggi di più »

Top Penny stocks for 2024: These two should be on your radarPenny stocks, as they are called, are not really stocks that trade under $1 per share.
Fonte: FXStreetNews - 🏆 14. / 72 Leggi di più »