Following Labour’s landslide General Election victory, investments expert James Igoe, head of the Manchester office at Redmayne Bentley, has commented.
He said: “While a Labour victory was expected, it is hoped the result could inspire a UK stock market revival. It is crucial the party makes the UK economy more attractive and enhances liquidity in the market, especially from overseas investors.
“Foreign investors have, for some time, considered the stock market to be a function of the UK’s leadership. As such, it has significantly suffered during times of stress, reducing allocations to UK equities and pension funds. Firms such as ARM listing abroad are a reflection of this in recent times.
“This has not been helped by the volatility in sterling and gilts. After Liz Truss’s mini-budget in 2022, volatility in UK gilts was extremely distressing for many and some of the highest in recorded…
