Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    In December, will the Fed lower interest rates? Here are the opinions of specialists.

    October 31, 2025

    The head of Lennar Mortgage says the U.S. housing market is “on the verge of a vicious cycle” and that this is “not good for America.”

    October 29, 2025

    Boeing gets more than $21 billion from selling new shares of stock.

    October 29, 2025
    Facebook X (Twitter) Instagram
    🔴
    Trending
    • In December, will the Fed lower interest rates? Here are the opinions of specialists.
    • The head of Lennar Mortgage says the U.S. housing market is “on the verge of a vicious cycle” and that this is “not good for America.”
    • Boeing gets more than $21 billion from selling new shares of stock.
    • Pfizer’s earnings beat expectations, and the company is raising its outlook.
    • Outside of crises, the bond market doesn’t change this much very often. The U.S. election is to blame.
    • This is what Larry Fink of BlackRock says will drive the stock market for years to come.
    • Costs of Trump and Harris’ tax breaks go up to more than $12 trillion
    • The Federal Reserve is quiet before its meeting on November 7, and a quarter-point cut is expected.
    BourseWatch – Latest Daily Stock Market And Finance NewsBourseWatch – Latest Daily Stock Market And Finance News
    • HOME
    • TOOLS
      • CURRENCY CONVERTER
      • RANKING TABLE
      • STOCK SCREENER
      • FOREX HEATMAP
      • ECONOMIC CALENDER
      • REAL-TIME CHART
      • FOREX SUMMARY
    • MARKET
      1. COMMODITIES
      2. REAL ESTATE
      3. CRYPTO CURRENCIES
      4. CURRENCY / FOREX
      5. ETF / RTF
      6. EQUITIES
      7. INDEXES
      8. View All

      Labor Day gas prices are lower than usual, but these wild cards could still fuel a spike

      September 2, 2025

      A new struggle for global market share is developing, which is why oil prices are rising.

      July 25, 2025

      Why the oil market’s surge following Russia’s “Pearl Harbor” incident might not last

      June 17, 2025

      The price of silver just reached a 13-year high. There may be more advantages to come.

      June 17, 2025

      The head of Lennar Mortgage says the U.S. housing market is “on the verge of a vicious cycle” and that this is “not good for America.”

      October 29, 2025

      Why mortgage rates have gone back up to almost 7%

      October 25, 2025

      Real Estate Business Fight Over Home Sales: Impact on Buyers and Sellers

      October 22, 2025

      Why Hoda Kotb, host of “Today,” left New York City: “I walked my kids to school like normal people”

      October 18, 2025

      The prices of many crypto-treasury firms are below the value of their digital assets. Is this a good deal or a serious warning sign?

      September 29, 2025

      The dollar might continue to be the most valuable reserve currency in the world with stablecoins, but not by purchasing Treasury bills.

      September 11, 2025

      “The Rise of Bitcoin: Wall Street CEO Forecasts a 3,000% Surge, Backed by ETF Approvals and Key Market Trends”

      August 12, 2025

      A “golden cross” appears on Coinbase’s shares. Why it might not be a bullish indication to purchase.

      June 22, 2025

      According to a Goldman research, this is the point at which the 10-year Treasury yield poses a “clear problem” for equities.

      May 3, 2024

      ETFs with private credit have arrived. Why they might target your retirement account next.

      September 5, 2025

      Inside the 2025 ETF boom: “How do you manage it all?”

      September 5, 2025

      Challenges Loom for China’s Stock Market as ETF Experts Warn of Investor Hesitancy

      August 12, 2025

      These bond funds protect you from fluctuations in interest rates, but there’s a fee.

      June 20, 2025

      Challenges for Tech Giants: Microsoft, Google, and AMD Stocks Take a Hit Despite Strong Earnings

      June 22, 2024

      ECB’s Villeroy Affirms: Oil Uncertainty No Barrier to June Rate Cut

      April 29, 2024

      Federal Reserve’s Move Leaves Regional Banks in a Quandary for 2024

      April 29, 2024

      Israel’s Credit Rating Takes a Dive: S&P Warns of Military Escalation with Iran

      April 29, 2024

      The head of Lennar Mortgage says the U.S. housing market is “on the verge of a vicious cycle” and that this is “not good for America.”

      October 29, 2025

      Outside of crises, the bond market doesn’t change this much very often. The U.S. election is to blame.

      October 29, 2025

      This is what Larry Fink of BlackRock says will drive the stock market for years to come.

      October 29, 2025

      This could be the scariest week for U.S. stocks so far in 2024. This is why.

      October 28, 2025
    • ECONOMY
      1. INTEREST RATE
      2. View All

      A watchdog group says the IRS has only made “limited progress” in figuring out how often people making less than $400,000 are audited.

      September 3, 2025

      Like Trump, Kamala Harris wants to keep tip taxes low. Some people think the idea is “very silly,” and it doesn’t matter who comes up with it.

      August 19, 2025

      When Is the Best Time to Change a Roth IRA? Make the Most of This Tax-Smart Move

      August 12, 2025

      Tim Walz gave Minnesota “the most progressive tax system in the country.” Find out what that might mean for Kamala Harris’s tax ideas for 2025.

      August 12, 2025

      In December, will the Fed lower interest rates? Here are the opinions of specialists.

      October 31, 2025

      Costs of Trump and Harris’ tax breaks go up to more than $12 trillion

      October 29, 2025

      The Federal Reserve is quiet before its meeting on November 7, and a quarter-point cut is expected.

      October 29, 2025

      S&P surveys show that the U.S. economy stays strong as the Christmas season approaches.

      October 25, 2025
    • NEWS
      1. ALL NEWS
      2. COMPANIES
      3. CURRENCY FOREX
      4. INDEXES
      5. View All

      Biden’s Antitrust Wins Cast Shadow on Corporate Mergers in 2024

      August 12, 2025

      Trump’s 10% Tariff Plan Echoes Nixon’s 1971 Strategy: A Closer Look at the Historical Precedent

      April 6, 2025

      Groundbreaking Partnership: Iranian President Ebrahim Raisi Unveils Revolutionary Hydropower and Irrigation Venture in Sri Lanka

      April 2, 2025

      Binance Bombshell: Founder Faces 36 Months in U.S. Jail for Money Laundering Violations

      April 2, 2025

      Boeing gets more than $21 billion from selling new shares of stock.

      October 29, 2025

      Pfizer’s earnings beat expectations, and the company is raising its outlook.

      October 29, 2025

      Tesla Earnings Report: Key Investor Questions

      October 28, 2025

      Elon Musk’s Wealth Surges to Record High Over Two Days

      October 26, 2025

      China Securities Regulator Halts Restricted Share Lending in Move to Stabilize Stock Markets

      August 14, 2025

      Global Markets Wobble as China’s Evergrande Faces Liquidation, Federal Reserve Meeting Looms

      June 22, 2024

      China’s Stock Slump and Currency Plunge Cloud Asia’s Rate Cut Optimism

      March 22, 2024

      Mexican Peso Ascends to Unprecedented Heights, Instilling Fear in Investors

      March 15, 2024

      4 Must-Have Growth Stocks to Seize After Nasdaq Bear-Market Downturn

      August 11, 2025

      Traders Anticipate ‘Once-in-a-Generation’ Opportunity in Emerging Markets as Federal Reserve Hints at Rate Cuts

      April 6, 2025

      LSEG Shareholders Face Showdown: Vote on Doubling CEO’s Potential Pay

      April 2, 2025

      Critical Week for Stock Market as $10 Trillion in Big Tech Earnings Shape S&P 500’s Fate

      March 2, 2025

      Boeing gets more than $21 billion from selling new shares of stock.

      October 29, 2025

      Pfizer’s earnings beat expectations, and the company is raising its outlook.

      October 29, 2025

      Tesla Earnings Report: Key Investor Questions

      October 28, 2025

      Israel attacks Iran, which could make the Mideast wars worse.

      October 26, 2025
    • LIST & RANKING

      The force behind the recent surge in stocks is Big Tech, not the Fed. What investors should know is as follows.

      June 16, 2024

      Top 25 Independent Advisors

      February 27, 2024

      Top CEO’s of the Year

      January 18, 2024

      The Best Online Brokers

      January 18, 2024

      The Most Profitable Businesses

      January 18, 2024
    Donate
    BourseWatch – Latest Daily Stock Market And Finance NewsBourseWatch – Latest Daily Stock Market And Finance News
    Home » In a historic election win, the U.K. Labour Party sweeps to power, but voters’ impatience means big problems ahead.
    Economy

    In a historic election win, the U.K. Labour Party sweeps to power, but voters’ impatience means big problems ahead.

    With almost all the results in, Labour had won 410 seats in the 650-seat House of Commons and the Conservatives 118
    July 5, 2024No Comments
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    FZQZWKPPP46NDBFNZAW7OYDT5A
    Share
    Facebook Twitter LinkedIn Pinterest Email

    After more than a decade in opposition, Britain’s Labour Party won a landslide victory on Friday. However, the party now has the huge task of bringing hope back to a nation and an economy that have been stagnant.

    Later today, Keir Starmer, the leader of the Labour Party, will become prime minister. He will lead his party back to power less than five years after its worst loss in almost 100 years.

    In the cruel dance of British politics, he will take over at 10 Downing Street hours after the votes are counted on Thursday, as Rishi Sunak, the leader of the Conservative Party, is rushed out of the building.

    In a speech to supporters, Starmer said, “A mandate like this comes with a great responsibility.” He also said that the fight to win back people’s trust after years of disappointment “is the battle that defines our age.”

    He said that Labour would be “the sunlight of hope, pale at first but getting stronger through the day” as dawn broke in London.

    Sunak gave up and said that the voters had given him a “sobering verdict.”

    Labour’s victory and problems

    All but a few of the results were in, and Labour had won 410 of the 650 seats in the House of Commons. The Conservatives had won 118.

    Starmer has won a huge victory, but he will now have to deal with a very tired electorate that is eager for change against a dark background of bad economic conditions, growing mistrust of institutions, and a weakening social fabric.

    James Erskine, a voter from London, said, “Nothing has gone well in the last 14 years.” He was hopeful for change in the hours before the polls closed. “I only see this as the chance for a huge change, and that’s what I want.”

    And Starmer kept his word when he said, “Change starts now.”

    Anand Menon, a professor of European Politics and Foreign Affairs at King’s College London, said that the unstable “politics as pantomime” of the last few years would soon be replaced by a very different state of politics for the people of Britain.

    He said, “I think we’ll have to get used to a government that is pretty stable, where ministers stay in power for a long time, and where the government can think about goals beyond the very short term and the medium term.”

    Britain has had a rough few years, some of which were caused by the Conservatives and some of which were not. This has made many voters doubtful about the future of their country.

    The economy was hurt by the U.K.’s decision to leave the European Union, the COVID-19 pandemic, and Russia’s invasion of Ukraine. At the same time, people were angry about the parties that then-Prime Minister Boris Johnson and his staff held to break the lockdown.

    People complain that “Broken Britain” is dangerous because of rising poverty, crumbling infrastructure, and a National Health Service that is too busy to help everyone.

    Liz Truss, who took over for Johnson, shook up the economy even more with a package of big tax cuts. She was only in office for 49 days. Truss lost her seat to Labour. She was one of many high-ranking Tories who were thrown out of office in a harsh election battle.

    Even though the outcome seems to go against recent shifts to the right in European elections, such as those in France and Italy, many of the same populist currents can be felt in Britain. Nigel Farage, leader of Reform UK, has stirred up the race with his party’s anti-immigrant “take our country back” message. This has hurt support for the Conservatives and even taken some voters away from Labour.

    The Conservatives lose votes as smaller parties gain them.
    Voters punished the Conservatives for 14 years of running the country through austerity, Brexit, a pandemic, political scandals, and fights within the party.

    The historic loss—the fewest seats in the party’s 200-year history—leaves it broke and disorganised, and there will probably be a race right away to replace Sunak as leader.

    The new Parliament will have a wider range of political views and be more divided than any in years. This shows how angry and unstable the public mood is. A lot of votes went to smaller parties, like Farage’s Reform UK and the moderate Liberal Democrats. It won four seats, and Farage won one in the seaside town of Clacton-on-Sea, making it his eighth attempt to get into Parliament.

    The Liberal Democrats won about 70 seats, even though they got a slightly smaller share of the vote than Reform. This is because Reform’s votes were spread out more evenly. The winner in Britain’s first-past-the-post system is the person who gets the most votes in each constituency.

    It used to only have one seat, but now the Green Party has four.

    The Scottish National Party lost a lot of seats. Before the election, they had most of Scotland’s 57 seats, but it looked like they would lose all but a few, mostly to Labour.

    Labour was careful but dependable.
    Labour’s promises to boost the slowing economy, spend money on infrastructure, and turn Britain into a “clean energy superpower” did not get people excited.

    But the cautious, safety-first campaign of the party got the job done. A lot of businesspeople backed the party, and conservative newspapers, like the Rupert Murdoch-owned Sun tabloid, said good things about Starmer for “bringing his party back to the centre ground of British politics.”

    Bad moves by conservatives
    On the other hand, the Conservative campaign had a lot of mistakes. Sunak’s announcement outside of 10 Downing St. was soaked in rain, which was a bad start to the campaign. After going to France to remember the 80th anniversary of the D-Day invasion, Sunak got home early.

    A group of Conservatives close to Sunak is being looked into because it is thought they used inside information to bet on the election date before it was made public.

    People in Henley-on-Thames, which is about 40 miles (65 km) west of London, felt like the country was ready for a change. One such person is retired Patricia Mulcahy. The area has always voted Conservative, but this time they switched to the Liberal Democrats.

    “Younger people are much more interested in change,” Mulcahy said before the results came in. The person who gets in, though, has a huge job ahead of them. It’s not going to be simple.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    In December, will the Fed lower interest rates? Here are the opinions of specialists.

    October 31, 2025

    Costs of Trump and Harris’ tax breaks go up to more than $12 trillion

    October 29, 2025

    The Federal Reserve is quiet before its meeting on November 7, and a quarter-point cut is expected.

    October 29, 2025
    Leave A Reply Cancel Reply

    Top Posts

    Aeries Technology: A Global Professional Services Leader in Business Transformation

    June 10, 2024

    As Christmas sales break records, stock buybacks soar.

    December 5, 2024

    These other stocks, along with Coinbase and Block, could join the S&P 500 in the next shake-up.

    December 6, 2024

    Why Powell and the Fed should stop lowering interest rates in December

    December 7, 2024
    Don't Miss
    Economy

    In December, will the Fed lower interest rates? Here are the opinions of specialists.

    October 31, 2025

    Fed Chair Jerome Powell’s assessment that his colleagues had “strongly different views” about what to…

    The head of Lennar Mortgage says the U.S. housing market is “on the verge of a vicious cycle” and that this is “not good for America.”

    October 29, 2025

    Boeing gets more than $21 billion from selling new shares of stock.

    October 29, 2025

    Pfizer’s earnings beat expectations, and the company is raising its outlook.

    October 29, 2025
    Stay In Touch
    • Facebook
    • Instagram

    Subscribe to Updates

    Get the latest Update

    Facebook Twitter Instagram

    BourseWatch

    • All News
    • Economy
    • List & Ranking
    • Market
    • News

    Recent Post

    • im 32543257
      In December, will the Fed lower interest rates? Here are the opinions of specialists.
    • im 585393
      The head of Lennar Mortgage says the U.S. housing market is "on the verge of a vicious cycle" and that this is "not good for America."
    • im 02698133
      Boeing gets more than $21 billion from selling new shares of stock.

    Subscribe to Updates

    Get the latest creative news from BourseWatch

    © Boursewatch. Designed by Asad Rizvi

    • Privacy Policy
    • Terms
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.