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☆ UK's Starmer appoints Reeves and Rayner to top ministerial team
▼ + stars: | 2024-07-05 | by ( ) www.cnbc.com time to read: +1 min

Britain's new Prime Minister Keir Starmer began appointing his ministerial team on Friday following a thumping election victory for his Labour Party, naming Rachel Reeves as the country's first female finance minister and Angela Rayner as deputy PM. Starmer appointed David Lammy as Britain's new foreign minister and as John Healey the defence minister, while Yvette Cooper becomes interior minister, known as home secretary, overseeing domestic security and policing. Starmer has pledged to help rebuild Britain and provide political stability after 14 years of Conservative government that has seen five prime ministers and an even higher turnover of other key ministers, including 10 education secretaries. The appointments of his most senior team were widely expected, with ministers being named to the policy briefs they held while serving in opposition. Rayner will also serve as secretary for levelling up, housing and communities.

Persons: Keir Starmer, Rachel Reeves, Angela Rayner, Starmer, David Lammy, John Healey, Yvette Cooper, Healey, Rayner Organizations: Labour Party, Lammy, Ukraine, Conservative Locations: Russia, Gaza, Britain

☆ Downing Street’s New Occupant Will Have Just Hours to Move In
▼ + stars: | 2024-07-05 | by ( Megan Specia | ) www.nytimes.com time to read: +1 min

In the United States, a new president usually has a two-month window to prepare to move into the White House. Freshly elected British prime ministers move into Downing Street swiftly, often within hours of elections. Keir Starmer, whose Labour Party won a commanding majority in the House of Commons, was formally appointed prime minister on Friday by King Charles III. Just hours after his predecessor, Rishi Sunak, made his exit, the new prime minister is about to make a speech to supporters outside the front door of 10 Downing Street. Since the last general election five years ago, three prime ministers have lived there, including Liz Truss, who called Downing Street home for less than seven weeks.

Persons: Keir Starmer, King Charles III, Rishi Sunak, Liz Truss Organizations: Downing, Labour Party, Institute for Government Locations: United States, British

☆ Royal London Asset Management's Greetham on how to balance your portfolio after the UK election
▼ + stars: | 2024-07-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRoyal London Asset Management's Greetham on how to balance your portfolio after the UK electionTrevor Greetham, head of multi-asset strategy at Royal London Asset Management, weighs in on the macroeconomic impact of the U.K. general election, as the Labour party sweeps into power.

Persons: Trevor Greetham Organizations: Royal London Asset Management, Labour

☆ Wall Street banks name 10 UK stocks to benefit from Labour landslide win
▼ + stars: | 2024-07-05 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

The U.K.'s center-left Labour Party has won a substantial parliamentary majority in the country's general election, unseating the incumbent Conservatives after 14 years. Manthey and her team picked the FTSE 250 index , which can be traded through exchange-traded funds such as iShares FTSE 250 UCITS ETF or Vanguard FTSE 250 UCITS , over the large-cap index FTSE 100 , as their "preferred post-election trade." The strategists, however, cautioned that historical data pointed toward lackluster returns immediately after the election results. More broadly, the investment bank's economist Anna Titareva said U.K. markets remain "heavily discounted" since after Brexit. After the election results were confirmed, they reiterated their stock preferences: Taylor Wimpey and Persimmon .

Persons: Beata Manthey, Manthey, Anna Titareva, Titareva, Anthony Codling, Taylor Wimpey, Gleeson, Bellway, Investec Organizations: Labour Party, Labour, Vanguard, UBS, Companies, FTSE, FTMC, RBC Capital Markets, Jefferies, Genuit Locations: Swiss

☆ Anatomy of a Landslide
▼ + stars: | 2024-07-05 | by ( Josh Holder | Lauren Leatherby | ) www.nytimes.com time to read: +9 min

Vote share for the Conservatives dropped all over the country SCOTLAND NORTHERN IRELAND ENGLAND WALESAnatomy of a Landslide Support for the Conservatives plummeted, propelling the Labour Party into power. ... they lost almost half to Labour ... 372 seats Labour 412 ... and 60 to the Liberal Democrats Labour 200 Reform 4 S.N.P. Labour won a landslide with just a third of the vote0 10% 20% 30% 40% 50% 60% 70% Vote share Seat share Labour won almost two-thirds of seats with just a third of votes. Seat Vote Green 0 20% 40% 60% Vote share Seat share Labour won almost two-thirds of seats with just a third of votes. 29.4 15.5% 2019 2024 Lib Dem 9.3 7.7% 2019 2024 Green 3.4 11.1% 2019 2024 Reform 2.8 11.3% 2019 2024 Next youngest constituencies 33.9 38.1% 2019 2024 45.3 24.0% 2019 2024 10.9 10.9% 2019 2024 2.3 6.1% 2019 2024 3.2 17.2% 2019 2024 Older constituencies 25.6 32.4% 2019 2024 49.2 26.4% 2019 2024 12.5 13.7% 2019 2024 2.5 5.4% 2019 2024 2.0 16.4% 2019 2024 Oldest constituencies 20.6 25.9% 2019 2024 55.1 30.3% 2019 2024 13.5 15.9% 2019 2024 2.9 5.7% 2019 2024 0.6 16.3% 2019 2024 Source: Age data from the Office for National Statistics and Scotland Census Note: Constituencies are bucketed by median age.

Persons: Nigel Farage, Farage’s, — Organizations: Conservatives, WALES, Labour Party, Scottish National Party, Labour, Liberal Democrats, Scottish, Liberal, Conservative Conservatives, Conservative, Liberal Democrats Labour, Liberal Democrats Lab, National Government, Conservative Party, Center, Conservative Labour, Left Green Labour, Green Party, Green, Office, National Statistics, Reform Locations: SCOTLAND, England, postindustrial, Midlands, North, United Kingdom, Britain’s Parliament, Scotland

☆ UK Labour Party's Rachel Reeves has 'orthodox' approach to fiscal policy, former BOE governor says
▼ + stars: | 2024-07-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUK Labour Party's Rachel Reeves has 'orthodox' approach to fiscal policy, former BOE governor saysJohn Gieve, former deputy governor of the Bank of England, weighs in on which fiscal measures he's anticipating from Rachel Reeves, who's expected to become Britain's first-ever female finance minister in Keir Starmer's incoming Labour government.

Persons: Rachel Reeves, BOE, John Gieve, who's, Britain's, Keir Starmer's Organizations: Labour, Bank of England

Farage’s Reform UK party attacked the Conservative Party on its failure to bring down rates of legal and illegal migration. He won Clacton on a massive swing towards Reform UK, picking up 21,225 votes to the Conservatives’ 12,820. He pledged to “challenge the general election properly in 2029,” and promised to turn his rhetoric toward the Labour Party as it enters government. In many seats around the UK, Reform came second to Labour. Farage said the “Labour government will be in trouble very, very quickly and we will now be targeting Labour votes.

Persons: Nigel Farage, Britain’s, Donald Trump, Farage, ”, Euroskeptic, Keir Starmer, It’s, ” Farage, Labour –, upended, Rosa Prince, Conservative Party ”, ” Prince Organizations: CNN, Reform, Brexit, UK, Farage’s Reform, Conservative Party, Conservatives, European Union, Clacton, Labour, Labour Party, Conservative, Politico Locations: Britain’s, Ukraine, Europe

On Today’s Episode:Labour Party Wins U.K. Election in a Landslide, by Mark Landler, Megan Specia and Stephen CastleMajor Democratic Donors Devise Plans to Pressure Biden to Step Aside, by Kenneth P. Vogel, Theodore Schleifer and Lauren HirschHurricane Beryl Gains Strength as It Bears Down on Yucatán, by Jovan Johnson, Emiliano Rodríguez Mega and Eric NagourneyF.B.I. and Justice Department Open Criminal Investigation in Chinese Doping Case, by Michael S. Schmidt and Tariq Panja

Persons: Mark Landler, Megan Specia, Stephen, Kenneth P, Vogel, Theodore Schleifer, Lauren Hirsch, Jovan Johnson, Emiliano Rodríguez Mega, Eric Nagourney F.B.I, Michael S, Schmidt, Tariq Panja Organizations: Labour, Stephen Castle Major Democratic, Biden, Justice, Investigation

☆ European markets open higher with UK election results in focus
▼ + stars: | 2024-07-05 | by ( Ryan Browne | ) www.cnbc.com time to read: 1 min

Keir Starmer, leader of the Labour Party, campaigns ahead of the general election, in Redditch, UK, on Wednesday, July 3, 2024. LONDON — European stocks opened mostly higher on Friday as the U.K.'s general election draws focus in the region. The pan-European Stoxx 600 index rose 0.3% higher in early morning deals. The U.K.'s FTSE 100 index climbed more than 0.2% as investors reacted to election results. Travel and leisure stocks were the standout gainers Friday, climbing 0.6%, as most sectors traded in positive territory.

Persons: Keir Starmer Organizations: Labour Party, LONDON Locations: Redditch, UK

The final votes in Britain's parliamentary elections are still being counted, but one thing is crystal clear: After 14 years in power, the Conservative Party is out. More than that: It’s been thoroughly punished by the British public, reduced to barely 120 seats, the party’s worst result in it’s history. Several prominent figures — including former Prime Minister Liz Truss — lost their seats. While other European countries are experiencing a rise in right-wing populism, Britain has rallied behind the centrist and sensible Labour Party and its centrist and sensible leader, Keir Starmer, who becomes prime minister.

Persons: It’s, Liz Truss —, Keir Starmer Organizations: Conservative Party, Labour Party Locations: Britain

☆ The Labour Party is back in power in the UK after 14 years
▼ + stars: | 2024-07-05 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

The Labour Party has triumphed in the UK general elections. UK Prime Minister Rishi Sunak has conceded defeat to Labour Party chief Keir Starmer. AdvertisementThe Tories are out, and the Labour Party is back in power. UK Prime Minister and Conservative Party leader Rishi Sunak conceded defeat in the country's recent general elections on July 4. "The Labour Party has won this general election, and I have called Keir Starmer to congratulate him on his victory," Sunak told reporters early on Friday morning in the UK.

Persons: Rishi Sunak, Keir Starmer, —, Sunak Organizations: Labour Party, Service, Prime, Conservative Party, Business

☆ Starmer pledges to ‘reset’ Britain as Labour takes over after 14 years of Conservative rule
▼ + stars: | 2024-07-05 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +10 min

London CNN —The Labour Party has won a landslide victory in the UK general election, sweeping into power after 14 years of Conservative rule on the back of a wave of public disillusionment. Addressing the nation from outside 10 Downing Street for the first time as prime minister, Starmer had one overarching message: Change starts now. There were high-profile casualties, with the short-lived former Prime Minister Liz Truss and several cabinet ministers being booted out by voters. Conservative leader and, as of Friday morning, former Prime Minister Rishi Sunak took responsibility for the electoral wipeout, apologizing to voters in his farewell address. Leaving the palace as the newly minted prime minister, he then headed straight to Downing Street.

Persons: Keir Starmer, King Charles III, Starmer, ”, Liz Truss, Rishi Sunak, Sunak, “, Akshata Murty, Nigel Farage, Donald Trump, Farage, Sinn Féin, Clodagh Kilcoyne, Rachel Reeves, Angela Rayner, David Lammy, Yvette Cooper, Jeremy Corbyn, Yui Mok, Tony Blair, Starmer –, –, Israel “, David Cameron, Brexit –, Boris Johnson Organizations: London CNN, Labour Party, Conservative Party, Labour, Conservative, Downing, British, Conservatives, Liberal, Lib Dems, Reform UK, Green Party, Scottish National Party, Irish, Democratic Unionist Party, DUP, Reuters Government, Home, Tories, European Union Locations: British, United Kingdom, Buckingham, Scotland, Northern Ireland, Ireland, Westminster, Starmer, Gaza, Britain, Europe, United States, Ukraine

☆ UK's Labour Party policies expected to be relatively business friendly, says Citi's Beata Manthey
▼ + stars: | 2024-07-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUK's Labour Party policies expected to be relatively business friendly, says Citi's Beata MantheyBeata Manthey, head of European equity strategy at Citigroup, and Wilfred Frost, Sky News anchor and CNBC contributor, join 'The Exchange' to discuss European elections, the impact to markets, and more.

Persons: Citi's Beata Manthey Beata Manthey, Wilfred Frost Organizations: UK's Labour Party, Citigroup, Sky News, CNBC

☆ CNBC Daily Open: UK Labour landslide election victory
▼ + stars: | 2024-07-05 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. UK Labour wins landslide victoryThe center-left Labour Party has won a landslide victory, ending 14 years of Conservative rule. Samsung shares climbed 2.84%, hitting their highest level since January 2021. Here are Evercore ISI's best stock ideas for the second half.

Persons: Keir Starmer's, Tony Blair's, Rishi Sunak, Brexiteer Nigel Farage, jeopardizing, Korea's Kospi, nonfarm payrolls, Saks, Neiman Marcus, Bergdorf Goodman Organizations: New York Stock Exchange, CNBC, Labour, Labour Party, Conservative, Keir Starmer's Labour, Party, Nikkei, Samsung, Samsung Electronics, CSI, S3 Partners, Saks Fifth, HBC, Saks, ISI Locations: May's

☆ Stocks, property, bonds, the pound: Here’s what a new Labour government means for investing in the UK
▼ + stars: | 2024-07-05 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +7 min

The Labour party's pledge, for example, to increase taxes on the compensation that private equity fund managers received raised a few eyebrows, and led to questions on what this could mean more broadly. In a note Friday, analysts at Jefferies said, despite concerns raised by a strong showing for the right-wing Reform UK Party, the Labour Party's U.K. election win would help make the U.K. appear "relatively stable." "A widely predicted Labour win in the UK could usher in an era of greater stability for the UK … which should help bolster investor sentiment towards the UK," she said. "U.K. bank stocks in the end are one of the biggest proxies for U.K. economic growth," he said. If results are as expected, attention will shift away from the U.K. election quickly, Shreyas Gopal, strategist, and Sanjay Raja, senior economist at Deutsche Bank, said in a note published Wednesday.

Persons: Vuk Valcic, hasn't, Jefferies, James McManus, Susannah Streeter, Hargreaves Lansdown, McManus, Liz Truss, Streeter, Richard Donnell, Nutmeg's McManus, CNBC's Silvia Amaro Friday, Mark Fielding, Fielding, Shreyas Gopal, Sanjay Raja, BoE, Francesco Pesole, Pesole Organizations: City of, Labour Party, Conservatives, U.S ., Labour, CNBC, Stock, Reform UK Party, Hargreaves, Deutsche Bank, ING, Bank of England, ECB Locations: Bishopsgate, City, City of London, London, France

☆ John Oliver was right — the Conservative Party just faced an epic wipeout at the polls
▼ + stars: | 2024-07-05 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Read previewIt's not quite the "extinction-level event for the Tories" that John Oliver predicted, but the Conservative Party did suffer a bitter defeat in Thursday's UK general election. This story is available exclusively to Business Insider subscribers. At the July 4 polls, the Conservative Party suffered a massive defeat at the hands of its rivals, Labour. UK Prime Minister and Conservative Party leader Sunak conceded defeat to Labour leader Kier Starmer early Friday morning. Representatives for Oliver did not immediately respond to a request for comment from Business Insider sent outside regular business hours.

Persons: —, John Oliver, Oliver, that's, Brexit, David Cameron, Theresa May, Boris Johnson, Liz Truss, Rishi Sunak, weirdos, Conservatives who've, Sunak, Kier Starmer Organizations: Service, Conservative Party, Thursday's, Business, Tories, Conservative, Conservatives, Labour, Prime, Business Insider Locations: Britain

☆ Labour Wins Back Trust of British Jews Who Turned From the Party
▼ + stars: | 2024-07-05 | by ( Jenny Gross | ) www.nytimes.com time to read: +1 min

From the day that Keir Starmer became the head of the Labour Party in 2020, he made repairing ties with British Jews a priority, calling antisemitism a “stain” on the party. On Thursday, many British Jews who had turned away from Labour in the 2019 general election gave the party another chance. Labour won back several North London constituencies with significant Jewish populations. Nearly half of Jewish voters planned to support the Labour Party in Thursday’s election, according to a poll of 2,717 Jewish adults who responded to the Jewish Current Affairs Survey taken in June, before the election. Jewish support for the party under Mr. Corbyn reached a low of 11 percent in the 2019 general election, according to the Institute for Jewish Policy Research, which focuses on Jewish life in Europe.

Persons: Keir Starmer, Jeremy Corbyn, Corbyn Organizations: Labour Party, Labour, Jewish Current Affairs, Institute for Jewish, Research Locations: London, Thursday’s, Europe

☆ Gaza: The Labour party’s position on the conflict appears to have cost it votes in the UK election
▼ + stars: | 2024-07-05 | by ( Christian Edwards | ) edition.cnn.com time to read: +5 min

Corbyn won 49.2% of the vote, while the Labour candidate came in second with 34.4%. Many of these seats where Labour appears to have lost votes over its position on Gaza have sizable Muslim populations. She said, after Streeting abstained from a vote on a Gaza ceasefire, she decided to enter politics and abdicate from Labour. “As a Palestinian, that place is no longer for me… The Labour party does not represent us,” she told CNN. Meanwhile Jess Phillips, also a prominent Labour figure, won her Birmingham Yardley seat by just 693 votes.

Persons: Keir Starmer, Jonathan Ashworth, Shockat Adam, ” Adam, Jeremy Corbyn, Ashworth, Corbyn, ”, Kate Hollern –, –, Adnan Hussain, Iqbal Mohamed, Heather Iqbal, Birmingham Perry Barr, Ayoub Khan, Khalid Mahmood, Faiza Shaheen –, Iain Duncan Smith, “, ” Shaheen, Starmer, Israel’s, Starmer –, Israel “, Wes Streeting, Leanne Mohamad, Mohamad, Streeting, Jess Phillips, Jody McIntyre Organizations: London CNN, Gaza, Labour, Leicester South, Islington, Blackburn, Dewsbury, Batley, Conservative, Hamas, LBC, Scottish National Party, CNN, Birmingham, Workers Party of Britain Locations: Gaza, English Midlands, Birmingham, Chingford, Woodford, London, Israel, Leicester, Ilford, Blackburn, Starmer’s, Ilford North, Palestine, Birmingham Yardley

☆ UK election results 'not as dramatic' as opinion polls have been suggesting: Invesco
▼ + stars: | 2024-07-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUK election results 'not as dramatic' as opinion polls have been suggesting: InvescoPaul Jackson says the Labour Party will nevertheless have a "very sizable majority" and will be "able to get on with their program."

Persons: Invesco Paul Jackson Organizations: Labour Party

☆ While much of Europe embraces hard-right parties, the UK has swung wildly to the left. Here’s why
▼ + stars: | 2024-07-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +5 min

Francois Lo Presti | Afp | Getty ImagesLONDON — A somewhat strange and ironic political shift has gripped Europe over the last few years. "There's an anti-incumbency mood again in Europe," Dan Stevens, professor of politics at Exeter University, told CNBC. Shared concernsThe U.K. is not alone in looking for a political change of scenery. A similar shift has been observed in much of western and eastern Europe in recent years, with hard-right populist and nationalist parties upsetting and unseating the old political establishment. Political analysts point out that, although far-right political parties in France, Germany and Italy made gains in the recent European Parliament elections, they also did not perform quite as well as expected.

Persons: Jordan Bardella, Francois Lo Presti, Dan Stevens, Stevens, Christopher Granville, leaderships, they've, Granville, Sofia Vasilopoulou Organizations: Union, Afp, Getty, Labour Party, Conservative Party, Europe —, Exeter University, CNBC, Conservative, Party for Freedom, EMEA, TS Lombard, King's College London Locations: France, Henin, Beaumont, Europe, euroskeptic, Ukraine, Italy, Netherlands, Germany

☆ Britain’s Conservative Party Was Routed
▼ + stars: | 2024-07-05 | by ( Justin Porter | ) www.nytimes.com time to read: +1 min

Prime Minister Keir Starmer took office after his center-left Labour Party won a landslide election victory that decisively swept the Conservatives out of power. It was the worst defeat for the party in its nearly 200-year history. Labour’s more than 410 seats in Parliament ensured the party a robust majority. Reform U.K., the new anti-immigration party led by Nigel Farage, who is a Trump ally and Brexit champion, won just five Parliament seats but became the third-biggest party by vote share, with about 14 percent. A veteran political disrupter, Farage could try to poach the remnants of the debilitated Conservatives.

Persons: Keir Starmer, Nigel Farage, Trump, disrupter, Farage Organizations: Labour Party, BBC, debilitated Conservatives

☆ Keir Starmer Vows ‘National Renewal’ in First Speech as U.K. Prime Minister
▼ + stars: | 2024-07-05 | by ( Stephen Castle | More About Stephen Castle | ) www.nytimes.com time to read: +1 min

In his first speech to the nation as prime minister, Keir Starmer said that Britain had “voted decisively for change, for national renewal,” and promised to lead a pragmatic government that would restore hope and the nation’s faith in politics and public service. 10 Downing Street under cloudy afternoon skies, Mr. Starmer began by praising his predecessor, Rishi Sunak, who had given his own brief farewell remarks from the same spot a couple of hours earlier, before turning to his own ambitions. “We need to move forward together,” Mr. Starmer said. “Have no doubt that the work of change begins immediately,” he said. The Labour Party leader’s car arrived in Downing Street from Buckingham Palace, where moments earlier King Charles III had invited him to form a government.

Persons: Keir Starmer, “, Starmer, Rishi Sunak, ” Mr, ”, King Charles III, Tony Blair Organizations: Labour, Labour Party leader’s, Conservatives Locations: Britain, Downing Street, Buckingham Palace, Victoria

☆ Who Is Rachel Reeves, the Woman Taking the Helm of Britain’s Economy?
▼ + stars: | 2024-07-05 | by ( Eshe Nelson | More About Eshe Nelson | ) www.nytimes.com time to read: +1 min

Rachel Reeves became Britain’s first female chancellor of the Exchequer on Friday, taking on one of the country’s four great offices of state, with responsibility for managing Britain’s budget. After a decade and a half of economic stagnation, Ms. Reeves, a Labour lawmaker with a reputation as a serious and steady manager, faces the tough jobs of boosting Britain’s productivity growth, a key measure of prosperity, and of reviving struggling public services. “I know the scale of the challenge that I’m likely to inherit,” Ms. Reeves told the BBC early Friday. “There’s not a huge amount of money there,” she said, adding that the party needed to unlock private investment. Ms. Reeves is expected to approach her new role with deliberation.

Persons: Rachel Reeves, Britain’s, Reeves, ” Ms, “ There’s, ”, ” Carys Roberts Organizations: Labour, BBC, Institute for Public Policy Research

☆ Liz Truss Caps List of High-Profile Conservative Seat Losses
▼ + stars: | 2024-07-05 | by ( Eshe Nelson | More About Eshe Nelson | ) www.nytimes.com time to read: +1 min

Liz Truss, the former Conservative Party prime minister, lost her seat Friday morning. Five years ago, she won a majority of more than 26,000. This time, she lost by 630 votes, a huge swing in support to the Labour Party. She told the BBC that the reason the Conservatives lost was because “we haven’t delivered sufficiently on the policies people want,” such as keeping taxes low and reducing immigration. “During our 14 years in power, unfortunately, we did not do enough to take on the legacy we’d been left,” she said.

Persons: Liz Truss, we’d, ” Organizations: Conservative Party, Labour Party, BBC

☆ UK's Labour Party secures landslide victory in general election
▼ + stars: | 2024-07-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUK's Labour Party secures landslide victory in general electionSky News anchor Wilfred Frost joins 'Squawk Box' to break down the UK general election results.

Persons: Wilfred Frost Organizations: UK's Labour Party, Sky

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