They say time heals all wounds. But it seems the damage done to the UK economy by Liz Truss’s disastrous mini-budget last year has yet to be forgiven by investors. According to a new Bloomberg survey, about two-thirds of UK finance professionals said an outright win for Keir Starmer’s Labour Party or a Labour-led coalition would be the “most market-friendly outcome.”
Senior reporters Phil Aldrick and John Stepek join to discuss the survey and what its findings tell us about the City’s thinking heading into the next general election.