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.

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<a href="bbg://news/stories/S11UBCT1UM0W" data-web-url="https://www.bloomberg.com/news/articles/2023-09-17/bloomberg-poll-labour-led-government-will-be-best-for-uk-markets-investors-say" data-cke-saved-href="bbg://news/stories/S11UBCT1UM0W"> new Bloomberg survey</a>, 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.

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and Dave Merritt every Thursday as they uncover the best stories and speak to the people in the know. 

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and Dave Merritt every Thursday as they uncover the best stories and speak to the people in the know.

Every week, Francine Lacqua and David Merritt go behind the scenes in the City of London, uncovering stories and speaking to the people that matter.

In the City

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and David Merritt every Thursday as they uncover the best stories and speak to the people in the know. 

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and David Merritt every Thursday as they uncover the best stories and speak to the people in the know.

In The City

"Just Don't Say Anything Stupid": Labour's Winning Strategy?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/528d6208-9717-42f4-921b-b0830153825d/transcript

Advertisement