We are slowly edging towards the General Election. For most people, the campaigning has been stultifyingly boring – a reflection of the fact that a Labour victory on July 4 is now considered a dead cert – and not even the release in recent days of the manifestos by the main parties has changed the nation’s mood music.
‘Bring on Sir Keir Starmer’ seems to be the consensus view, for better or worse. Although Labour has yet to come clean on all the tax hikes it will introduce, its imminent ascendency to power has not fazed the City.
Far from it.
To date, Sir Keir Starmer has said nothing to suggest that he will imperil the country’s public finances
The UK stock market, in part buoyed by slightly cheerier economic news, has taken Sir Keir in its stride. A different kettle of fish to Jeremy Corbyn, whose unfunded spending plans led Labour to a thumping defeat in 2019.
So far this year, the FTSE100 Index, comprising the…
