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☆ France's political future hangs in the balance as votes cast in final round of snap election
▼ + stars: | 2024-07-07 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +6 min

Francois Lo Presti | Afp | Getty ImagesFrench voters are heading to the polls on Sunday for the second and final round of voting in a snap parliamentary election. By offering voters a starker choice and fewer candidates, RN's opponents hope that the electorate will opt for the non-RN candidate. "For instance, former Prime Minister Edouard Philippe has said voters should vote neither for the RN nor candidates from the far-left France Unbowed (LFI) party. At the same time, current Prime Minister Gabriel Attal has called for everyone to vote against the RN." If the choice was between a far-left and far-right candidate, however, the picture was more nuanced, showing a split vote.

Persons: Francois Lo Presti, Emmanuel Macron's, Jordan Bardella, Antonio Barroso, Edouard Philippe, Gabriel Attal, Ifop, Teneo's Barroso, Harris, Emmanuel Macron, Xi Jinping, Mohammed Badra, Macron, Teneo, Julien De Rosa Organizations: French, Afp, Getty, National Assembly, Front, NFP, Le, Palais des Sports, Nurphoto, Research, Harris Interactive, Reuters, Republicans, Macron's, Chinese Business Council, National Locations: Henin, Beaumont, France, Paris, Franco, Marigny, Garches

☆ French left-wing coalition projected to beat the far right in surprise second-round result
▼ + stars: | 2024-07-07 | by ( Christian Edwards | Xiaofei Xu | ) edition.cnn.com time to read: +2 min

CNN —In a surprise second-round result, the left-wing New Popular Front is projected to finish ahead of Marine Le Pen’s far-right party in French parliamentary elections, according to an IPSOS estimate. Despite leading after the first round of votes, the far-right National Rally (RN) was projected to win between 132 and 152 seats. But Sunday’s projection comes as a huge upset and shows French voters’ overwhelming desire to keep the far right from gaining power. After the first round, an unprecedented number of seats – over 300 – went to a three-way runoff between Ensemble, the NFP and the RN. By Tuesday, more than 200 centrist and left-wing candidates withdrew from the second round, in a bid to avoid splitting the vote.

Persons: Le, –, Emmanuel Macron’s, Cheers, Luc Mélenchon, France Unbowed, ” Mélenchon, Bois de Vincennes, Jordan Bardella, Macron Organizations: CNN, NFP, Socialists, National Assembly, Ensemble Locations: France, Vichy, Paris, Stalingrad, Bois de

☆ Analysis: Macron’s gamble has kept the far right out of power, but plunged France into chaos
▼ + stars: | 2024-07-07 | by ( Jerome Taylor | Analysis Sakya Vandoorne | ) edition.cnn.com time to read: +4 min

The bloc brings together five different parties. Far-left France Unbowed and the Communist party has joined with the center-left parties, the socialists and the greens to form a New Popular Front. It’s equally hard to imagine how the current constellation would allow France to play an important role regarding Ukraine. The left has remained relatively quiet on Ukraine - different parties from the coalition have slightly different stances - France Unbowed is against what it calls “escalation” with Russia. Macron’s gamble may have prevented the far right from coming to power, but it could yet plunge the country into chaos.

Persons: CNN — “, Emmanuel Macron, France’s, Jordan Bardella, Macron, Le Pen, it’s Organizations: CNN, la Republique, NFP, France Unbowed, Communist, National Assembly Locations: la, Paris, France, Ukraine, Macron, Russia, Macron’s

☆ French voters head to polls for crucial second round of snap parliamentary election
▼ + stars: | 2024-07-07 | by ( Christian Edwards | ) edition.cnn.com time to read: +5 min

The newly-formed left-wing coalition, the New Popular Front (NFP), came second with 28%, while Macron’s Ensemble alliance trailed in a distant third with 21%. In the outgoing parliament, Macron’s alliance had only 250 seats, and so needed support from other parties to pass laws. In an attempt not to split the anti-far right vote, more than 200 candidates from Macron’s alliance and the NFP agreed to stand down in the second round. Whatever the result of Sunday’s vote, France seems set to endure a period of political chaos, with Macron unable to call another parliamentary election for at least a year. Jordan Bardella speaks at the RN headquarters in Paris after the first round of voting, June 30, 2024.

Persons: Emmanuel Macron, –, Jordan Bardella, Bardella, Gerald Darmanin, Sarah Meyssonnier, Macron, Jean, Luc Melenchon, Raphael Gluckmann, Gabriel Attal, Macron’s Organizations: CNN — Voters, Front, NFP, National Assembly, Macron’s, France Unbowed, Melenchon Locations: France, Vichy, Paris, Europe, Brussels, Ukraine

☆ French Election Yields Deadlock as Left Surges and Far Right Comes Up Short
▼ + stars: | 2024-07-07 | by ( Roger Cohen | ) www.nytimes.com time to read: 1 min

France faced a hung parliament and deep political uncertainty after the three main political groups of the left, center and right emerged from snap legislative elections on Sunday with large shares of the vote but nothing approaching an absolute majority. The preliminary results upended widespread predictions of a clear victory for the National Rally, Marine Le Pen’s anti-immigrant party that dominated the first round of voting a week ago. Instead, the left-wing New Popular Front won 178 seats. The centrist coalition of President Emmanuel Macron, who cast the country into turmoil a month ago by calling the election, was in second place with 150 seats. Trailing it was the National Rally and its allies, which took 142 seats.

Persons: Emmanuel Macron Organizations: National Rally, Popular Front Locations: France

A woman steps out of a polling booth prior to cast her vote in the first round of parliamentary elections in Le Touquet, northwestern France, on June 30, 2024. LONDON — France's left-wing New Popular Front coalition is set to unexpectedly win the most seats in the second round of the country's parliamentary election but fail to clinch an absolute majority, early data showed. By offering voters a starker choice and fewer candidates, RN's opponents hoped that the electorate would choose the non-RN candidate. The prime minister must leave," Jean-Luc Melenchon, leader of the France Unbowed party, said in a CNBC-translated social media update after the release of the early poll data. The final round of the election shows that voters, ultimately, have rejected Macron.

Persons: France's, France Unbowed, Ipsos, Emmanuel Macron's, —, pollster Ipsos, Jean, Luc Melenchon, Macron, Melenchon, Macron's Organizations: LONDON, Popular Front, Socialists, CNBC, NFP, National Rally Locations: Le Touquet, France, Europe's

☆ What a hung parliament in France could mean for markets
▼ + stars: | 2024-07-07 | by ( Matt Clinch | ) www.cnbc.com time to read: +4 min

Emmanuel Dunand | Afp | Getty ImagesInitial indications on Sunday evening for the French parliamentary run-off vote threw up some big surprises, leaving political commentators contemplating a "hung parliament" scenario that could prove challenging for both policymaking and financial markets. With none of the groups expected to hit the 289 seats needed for an absolute majority, gridlock could ensue over the coming weeks. The euro slipped about 0.3% against the U.S. dollar in thin trading on Sunday evening after the exit polls were released. "Regardless, uncertainty about the outlook for French policymaking is likely to be long-lasting," the analysts said. France is facing a challenging fiscal position, and the European Commission announced two weeks ago that it intended to place France under an Excessive Deficit Procedure due to its failure to keep its budget deficit within 3 percent of gross domestic product.

Persons: Emmanuel Dunand, France's, Emmanuel Macron's, policymaking, Jack Allen, Reynolds, Macron, David Roche Organizations: la Republique, Afp, Getty, Popular Front, Rassemblement National, U.S, Citi, Daiwa, European Commission, Capital Economics, Independent, National Rally Locations: France, la, Paris, Italy, Germany

☆ Live Updates: France’s Far Right Is Denied a Majority by a Left Surge in Elections, Projections Show
▼ + stars: | 2024-07-07 | by ( Catherine Porter | Ségolène Amalia Josefa Le Stradic | ) www.nytimes.com time to read: +4 min

“Without an absolute majority, the government will be at the mercy of opposition parties banding together” to topple it, said Dominique Rousseau, an emeritus professor of public law at the Panthéon-Sorbonne University in Paris. It was not clear whether the centrists or the right-wing National Rally would be the second-largest bloc. When it wasn’t, Mr. Macron’s government came dangerously close to falling. This time, Mr. Macron’s options appear far more limited. Some analysts believe that Mr. Macron’s position will become so untenable he will have to resign, but he has said he won’t.

Persons: Emmanuel Macron, Dominique Rousseau, ”, Samy Benzina, Macron, Macron’s, Jean, Luc Mélenchon Organizations: Sorbonne University, National Assembly, University of Poitiers, French, Greens Locations: France, Paris

☆ French Prime Minister Gabriel Attal to tender resignation
▼ + stars: | 2024-07-07 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +3 min

France's Prime Minister Gabriel Attal gives a speech following the first results of the second round of France's legislative election at Matignon in Paris on July 7, 2024. French Prime Minister Gabriel Attal said he would submit his resignation on Monday, after early poll data showed his and French President Emmanuel Macron's centrist Ensemble party and its allies coming in second in the parliamentary runoff. Attal, who stepped in as France's youngest ever prime minister only in January, is unlikely to hold the country's second-highest position as part of the upcoming administration. Tonight, no absolute majority can be led by the extremes." In light of the run-off results, Attal set the scene for a period of transition for France's political landscape:"Ladies and gentlemen, this evening, a new era begins.

Persons: Gabriel Attal, Emmanuel Macron's, Attal, Jordan Bardella, Macron Organizations: France's, Popular, Republican, CNBC, Rassemblement National Locations: Matignon, Paris, France, Republic

☆ France's left-wing alliance blocks a far-right majority, projection shows
▼ + stars: | 2024-07-07 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

By doing so, Macron hoped the voters would establish a stronger mandate in the lower house and strengthen his influence on the world stage. AdvertisementThe New York Times reported that Macron, without a majority in the lower house and relegated to political maneuvering, said his decision was inevitable. On June 30, the National Rally Party again dealt a huge blow to Macron's Renaissance party and its allies by securing 33% of votes in the first round of voting, which saw a high turnout. AdvertisementMacron's centrist coalition, the Ensemble, which includes the Renaissance party, came in second with a projected 148 seats, while the far-right National Rally came in third with 142 seats. Jean-Luc Mélenchon, leader of the left-wing alliance, called the results an "immense relief for a majority of people in our country," the AP reported.

Persons: —, Emmanuel Macron's, Macron, Pen, Jean, Luc Mélenchon Organizations: Service, Rally, National, Marine, Renaissance, Business, National Assembly, New York Times, National Rally Party, Associated Press, Times, New, The Times, AP Locations: France, Nazi

☆ What is the NFP and who will be France’s next prime minister?
▼ + stars: | 2024-07-07 | by ( Christian Edwards | ) edition.cnn.com time to read: +5 min

Now, it looks set to win the most seats in the French parliament and could provide France with its next prime minister. The NFP is made up of several parties: the far-left France Unbowed party; the more moderate Socialist Party; the green Ecologist party; the French Communist Party; the center-left Place Publique, and other small parties. Going into the second round, it was not clear who the coalition would nominate to be its prime minister. Its most prominent – and divisive – figure is Jean-Luc Mélenchon, a 72-year-old populist firebrand and longtime leader of the France Unbowed party. Announcing his intention to resign Monday as prime minister, Gabriel Attal said, in an apparent swipe to France Unbowed: “No absolute majority can be led by the extremes.

Persons: Emmanuel Macron, “, Olivier Faure, ”, Emmanuel Dunand, Jean, Luc Mélenchon, France Unbowed, Gabriel Attal, Faure, Louise Delmotte, –, Macron Organizations: CNN, Front, NFP, Socialist Party, Ecologist, French Communist Party, Vichy, Getty, Macron’s, Ifop, Parliament, Hamas Locations: France, Paris, AFP, –, Republic, Republique, Palestinian, Israel, Gaza

☆ Hopes for a Diplomatic Opening Rise Under Iran’s New President
▼ + stars: | 2024-07-07 | by ( Lara Jakes | ) www.nytimes.com time to read: +1 min

With the election of the reformist candidate Masoud Pezeshkian as president, Iran may see a softening of its absolutist foreign policy and even an opportunity for a new diplomatic opening, current and former officials and experts say. Mr. Pezeshkian, a cardiologist, member of Parliament and former health minister, has little direct experience in foreign policy. But he has pledged to empower Iran’s most elite and globalist diplomats to run his foreign agenda, raising hopes of a warmer relationship with the West. Mr. Pezeshkian “represents a more pragmatic posture and less confrontational posture toward the outside and the inside,” said Dennis B. Ross, who served as a special assistant to President Barack Obama and is a longtime Mideast negotiator. Still, Mr. Ross noted, Iran’s supreme leader, Ayatollah Ali Khamenei, “would do a great deal to limit” Mr. Pezeshkian’s international agenda.

Persons: Masoud Pezeshkian, Pezeshkian, Pezeshkian “, ”, Dennis B, Ross, Barack Obama, Ayatollah Ali Khamenei, “ Locations: Iran

PinnedThe left was set to surge in legislative elections in France on Sunday and the far right to come up short of expectations, according to early projections, as no party secured an absolute majority. The New Popular Front and Mr. Macron’s centrist bloc then withdrew candidates from more than 200 races to avoid dividing support. Their strategy appeared to have succeeded in denying the National Rally an absolute majority, according to the projections. “Today the National Rally made the biggest breakthrough in its history,” Mr. Bardella told supporters in Paris. “Unfortunately,” he added, “dangerous electoral deals” made by Mr. Macron’s allies and the left had “deprived” the country of a far-right government.

Persons: Emmanuel Macron’s, Jordan Bardella, ” Mr, Bardella, ”, Macron’s Organizations: jockeying, National Assembly, National, “, Rally Locations: France, Paris

☆ Gridlock? Instability? Without an Absolute Majority, France’s Way Forward Is Unclear
▼ + stars: | 2024-07-07 | by ( Aurelien Breeden | ) www.nytimes.com time to read: +1 min

France could be headed for sustained political deadlock after no party or alliance of parties appeared to have won an absolute majority of parliamentary seats, according to projections by French polling institutes based on preliminary results. The immediate way forward is unclear, experts said, but the country could be headed for months of political instability, with President Emmanuel Macron facing a deeply divided Parliament, including two blocs firmly opposed to him. “Without an absolute majority, the government will be at the mercy of opposition parties banding together” to topple it, said Dominique Rousseau, an emeritus professor of public law at the Panthéon-Sorbonne University in Paris. The projections suggested that the National Assembly, France’s lower house of Parliament, will be roughly divided into three main blocs with conflicting agendas and, in some cases, deep animosity toward one another.

Persons: Emmanuel Macron, Dominique Rousseau Organizations: Sorbonne University, National Assembly Locations: France, Paris

☆ The UK used to be a European tourism hot spot. Here’s how it all went wrong
▼ + stars: | 2024-07-06 | by ( Julia Buckley | ) edition.cnn.com time to read: +14 min

Tax-free shopping for tourists has been axed, and EU visitors now need a passport to visit, which most don’t have. Matt Cardy/Getty ImagesAs a result of Brexit, in 2021 the UK government abolished tax-free shopping for non-EU citizens. It means the UK is now the only European country not offering tax-free shopping to visitors from outside the continent. “The impact of losing tax-free shopping is clear to see,” says Dee Corsi, chief executive of the NWEC. “Whilst the likes of Italy and France are actively leveraging tax-free shopping as a driver of growth, British businesses continue to trade at a disadvantage.

Persons: CNN —, Rishi Sunak, what’s, JC Milhet, Hans Lucas, Tom Jenkins, ”, “, ” Patricia Yates, Kayla Zeigner, Marcy Zyonse, We’ve, –, Yates, ” There’s, Zeigler, Zyonse, ’, Owen Humphreys, VisitBritain, That’s, she’s, Keir Starmer, VisitBritain's Yates, Phil Noble, ” “, Marcus Lee, hasn’t, Matt Cardy, Dee Corsi, Jenkins, “ It’ll, King Charles, John Sibley, London “, Mia, ” She’ll, Britain Organizations: CNN, UK’s Labour Party, Conservative, Labour, Getty, European Tourism Organisation, VisitBritain, Destination, Tourism, New, London, ”, UK, “, China Travel, Visitors, West End Company Locations: Britain, Italy, Luxembourg, London, AFP, Europe, Caribbean, Greece, Lake, Ireland, It’s, Spain, France, New York, ”

☆ Iran elects reformist Masoud Pezeshkian in presidential runoff vote
▼ + stars: | 2024-07-06 | by ( Natasha Turak | ) www.cnbc.com time to read: +3 min

FILE PHOTO: Presidential candidate Masoud Pezeshkian shows the victory sign during a campaign event in Tehran, Iran June 23, 2024. Majid Asgaripour | Via ReutersIran elected Masoud Pezeshkian to its presidency, in an unexpected victory for the country's reformist camp amid deep social discontent, economic hardship, and regional war. Pezeshkian won 16.3 million votes, according to reports which cited the local authorities, with the election seeing a 49.8% turnout. The most moderate of the candidates, he formerly served as minister of health under Iran's last reformist president, Mohammad Khatami, from 1997 to 2005, and Khatami among other reformist politicians endorsed him. Iran's sole reformist candidate Masoud Pezeshkian and ultraconservative Saeed Jalili are set to go to runoffs after securing the highest number of votes in Iran's presidential election, the interior ministry said.

Persons: Masoud Pezeshkian, Majid Asgaripour, Pezeshkian, Saeed Jalili, Mohammad Khatami, Khatami, Mohammad Bagher Ghalibaf, Amirhossein Ghazizadeh, Hashemi Alireza Zakani, Mostafa Pourmohammadi, Iran's, ultraconservative Saeed Jalili, Atta Kenare, Ayatollah Khamenei, Sina Organizations: Via Reuters, Islamic Consultative Assembly, Afp, Getty, House, Revolutionary Guards, Center for International, CNBC, U.S, Supreme, Revolutionary Guard Locations: Tehran, Iran, Via, Via Reuters Iran, Washington, Israel, Iranian

☆ France’s Snap Election Enters Its Final Hours
▼ + stars: | 2024-07-06 | by ( Aurelien Breeden | ) www.nytimes.com time to read: +1 min

Voters in France will cast ballots on Sunday in the final round of snap legislative elections. The results could force President Emmanuel Macron to govern alongside far-right opponents or usher in chronic political instability weeks before the Paris Summer Olympics. Most polls close at 6 p.m. local time on Sunday, or as late as 8 p.m. in larger cities. The first round of voting was dominated by the nationalist, anti-immigration National Rally party. An alliance of left-wing parties called the New Popular Front came in a strong second, while Mr. Macron’s party and its allies came in third.

Persons: Emmanuel Macron, Macron, Will Organizations: Paris, National Assembly, Rally Locations: France

☆ 'A kind of civil war': Divided France on high alert for unrest amid political earthquake
▼ + stars: | 2024-07-06 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +9 min

Prime Minister Gabriel Attal has said French voters now have a "moral duty" to halt the party's advance. The officer — a father of three who's in his 40s, and a right-leaning voter — said the polarization in French society was "very worrying, but unfortunately normal with the 'diversity' of our society." The police officer said he expected civil unrest after the vote, whichever party gained the most votes. "There will be civil unrest whoever is elected, this is France and the people speak their mind." Civil unrest possiblePolitical experts agree that the current febrile atmosphere of French politics, and antagonism between the main bodies of voters, are the ingredients for further civil unrest.

Persons: that's, Emmanuel Macron, Macron, Gabriel Attal, Amel, Sebastien Salom, Gérald Darmanin, —, You've, Philippe Marlière, you've, Marlière, Jordan Bardella, Bardella, Ifop Organizations: la Republique, Nurphoto, CNBC, Front, Left, Afp, Getty, Republican, France's, Republique, Rassemblement, Anadolu, University College London, National Assembly, National, NATO, Le, Palais des Sports Locations: la, Paris, France's, France, Nantes, gomis, de, Bordeaux, Europe, Ukraine

CNN —An Israeli attack has killed at least 16 Palestinians and injured 50 others at UNRWA’s Al-Jaouni school sheltering displaced people in al-Nuseirat camp in central Gaza, the Palestinian Ministry of Health said on Saturday. A displaced man at the school told CNN children were among the injured. “We barely found this place in the school, but even the school is not safe.”CNN video shows several injured children arriving at a nearby hospital following the attack. The Israeli military said in a statement on Saturday militants were operating in structures located in the school area. UNRWA Communication Director Juliette Touma told CNN UNRWA does not have all the information yet, adding that half of UNRWA’s facilities in Gaza have been hit since October 7.

Persons: “, Juliette Touma, ”, Israel, Benjamin Netanyahu, Amir Levy, Menachem Begin, Netanyahu, Benny Gantz, Hamdi Alkhshali, Ibrahim Dahman Organizations: CNN, UNRWA’s, Palestinian Ministry of Health, Saturday, IDF, Israel Defense Forces, CNN UNRWA, Egyptian Foreign Ministry, ” Jordan’s Ministry of Foreign Affairs, Israeli, Tel Aviv’s Democracy, Tel, Protesters, Israel’s, Unity Locations: Israeli, al, Gaza, Tel Aviv, Tel Aviv’s

☆ Britain’s New Leader Is About to Get a Crash Course in Statecraft
▼ + stars: | 2024-07-06 | by ( Mark Landler | ) www.nytimes.com time to read: +1 min

Prime Minister Keir Starmer of Britain will barely get his feet under the desk in 10 Downing Street before he flies to Washington this coming week to attend a NATO summit. A week after that, he will play host to 50 European leaders at a security meeting at Blenheim Palace, the birthplace of Winston Churchill. It’s a crash course in global statecraft for Mr. Starmer, Britain’s first Labour prime minister in 14 years. But it will also give him the chance to project an image of Britain that is uncharacteristic in the post-Brexit era: a stable, conventional, center-left country amid a churning tide of politically unsettled allies. In Washington, Mr. Starmer will encounter President Biden, who is resisting calls to abandon his race for re-election because of age-related decline.

Persons: Keir Starmer, Winston Churchill, It’s, Starmer, Britain’s, Biden, Emmanuel Macron, Chancellor Olaf Scholz of Germany Organizations: NATO, Labour Locations: Washington, Blenheim, France

☆ 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

☆ Britain’s Liberal Democrats Score Big Election Gains
▼ + stars: | 2024-07-05 | by ( Stephen Castle | ) www.nytimes.com time to read: 1 min

He bungee jumped from 160 feet, rode a stomach-churning roller coaster, plunged down a water slide and toppled into a lake while attempting to paddleboard. As leader of the Liberal Democrats, a small, centrist party, Ed Davey spared himself few indignities to secure news media coverage during a British election campaign dominated by bigger parties. The appearances, alongside Mr. Davey’s heartfelt reflections on caring for his disabled son, have lifted his profile and that of the Lib Dems, who made significant advances in this election. The party won 71 seats, its best showing in a century, regaining its stature as the third largest party in Parliament.

Persons: Ed Davey Organizations: Liberal Democrats, Lib Dems

☆ Germany seals 2025 budget plan after weeks of tense negotiations
▼ + stars: | 2024-07-05 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +3 min

German Chancellor Olaf Scholz smiles during a question time on July 3, 2024 at the Bundestag (lower house of parliament) in Berlin. "It is about a strong defense, a strong [German army] that offers protection from the aggressive tyrants of our time. An economic growth initiative has been planned alongside the budget, Scholz said. But the budget must then be discussed by the German parliament after its summer break, before being finalized later in the year. Negotiations have been ongoing for weeks after spending plans shared by individual ministries exceeded constraints by billions.

Persons: Olaf Scholz, Scholz, Christian Lindner, Lindner Organizations: Bundestag, CNBC, NATO, German, Reuters Locations: Berlin

☆ As Europe teeters further to the far right, the UK is doing the opposite
▼ + stars: | 2024-07-05 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Sunak, who conceded defeat on Friday morning UK time, will likely be replaced by Labour Party leader Keir Starmer. Labour's rise, largely telegraphed by pre-election polls, makes the UK a clear outlier in this year's political shifts in Western Europe. Still, the far-right faction there, Vox, struggled to gain a foothold, with only 9.6% of the vote, down from 12.4% in 2019. Reform UK party leader Nigel Farage on July 3, 2024.

Persons: —, it's, Rishi Sunak's, Keir Starmer, Starmer, Jeremy Corbyn, he's, Germany's Scholz, Alice Weidel, Tino Chrupalla, Chancellor Olaf Scholz's, Sean Gallup, Scholz, France's, Emmanuel Macron, Macron, FRANCOIS LO, Le, Giorgia, Massimo Di Vita, Archivio Massimo Di Vita, Spain's, Pedro Sanchez's, Vox, Geert Wilders, Nigel Farage's, Farage, Nigel Farage, Dan Kitwood, Richard Wike Organizations: Service, Conservative Party, Labour Party, Business, European Union, Parliamentary, Chancellor Olaf Scholz's Social Democratic Party, Marine, FRANCOIS LO PRESTI, Getty, Italy, June's, Democratic Party, Spain's People's Party, Party for Freedom, Nigel Farage's Reform, Reform, Pew Research Center Locations: Western Europe, Germany, Berlin, France, AFP, Italy, Europe, Netherlands, Clacton

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

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