The Labour Party wins the UK general election, securing an overwhelming majority. Analysts see positive implications for UK assets and economy. ADVERTISEMENT The Labour Party has won a landslide victory in the 2024 general election, resulting in a dramatic change in the UK’s political landscape. The party has won 410 seats, a significant increase of … Read more
The Labour Party’s landslide victory in Thursday’s British election means it takes power in the country after more than a decade under the leadership of the Conservative Party. The change comes at a time when there is still a lot of economic uncertainty in the country, the effects of higher inflation are still being felt … Read more
Above: Emmanuel MACRON, President of France. Copyright: European Union. Pound to euro conversions soared in value on Monday, delivering the best exchange rates for euro buyers in 34 months. The euro is under widespread pressure, with analysts blaming the calling of early elections in France and the apparent success of EU-skeptical parties in the European … Read more
Image © Adobe Stock The pound-to-euro exchange rate reached its highest level since March, at 1.1736, after UK inflation fell to an annual rate of 2.3% in April, a figure higher than the market and the Bank of England had expected (2.1%). The all-important and much-watched component of inflation in the services sector was noticeably … Read more