The big shift in the political landscape that appears to be delivering a Labour government with a large majority is unlikely to lead to anything like as big a shift in the economic landscape. But at the margin, Labour’s policies generate some upsides to our GDP, inflation and interest rate forecasts. The muted reaction in the financial markets suggests this was already priced in.
We’re holding a 20-minute online briefing Friday morning (9.30am BST 5th July) to discuss what the election result means for the economy and the financial markets. (Register here.)
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