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Labour win the UK general election and Sir Keir Starmer is appointed prime minister
Labour win the UK general election and Sir Keir Starmer is appointed prime minister 8th July 2024 James McManus, chief investment officer at Nutmeg, told CNBC that the vast majority of the time, “markets don’t really care” about elections. “Historical data shows us that elections and their results rarely move markets when the expected outcome is delivered.” Strategists and economists predict the British pound will not be impacted strongly by the election. If results are as expected,