Since Labour’s fiscal plans are very similar to the current government’s and as Labour is unlikely to deviate from its manifesto quickly, we doubt we will be ripping up our economic forecasts on Day 1 of a Labour government. That said, if Labour were to win the election and eventually make progress in some of the less detailed areas of its manifesto, this may support our view that the UK’s medium-term prospects are brighter than most realise.
We're holding a 20-minute online briefing the morning after the general election (9.30am BST on Friday 5th July) to discuss what the election result means for the economy and the financial markets. (Register here.)
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