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Search resuls for: "Labour —"


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The British Labour Party has won its largest majority since the founding of the party over a century ago, securing at least 412 of the House of Commons’s 650 seats. And in an age of populism and polarization, it has done so on a moderate, centrist platform. There is no clear sign that British voters are any more enthusiastic than voters anywhere else for the socially liberal, fiscally conservative politics that this incarnation of the Labour Party represents. The Conservative Party has been reduced to 121 seats, with two seats left to declare, the worst defeat in its 190-year history. It lost vote share not only to Labour and the centrist, pro-European Liberal Democrats, but also to the hard-right, anti-immigrant Reform U.K., led by Nigel Farage, an ally of Donald Trump.
Persons: Labour —, Keir Starmer, Bill Clinton, Tony Blair, Nigel Farage, Donald Trump Organizations: British Labour Party, Labour, Crown, Labour Party, Conservative Party, European Liberal Democrats, U.K
It would mark the second-highest pre-election performance since 1992, trailing only the 12.6% surge seen before the 1997 election, according to RBC's Fielding. "Overall, should a similar pattern to the 1997 election emerge in the future, the forward 1, 3, and 6-month periods could be notably strong." Genuit , Howden , and Travis Perkins were highlighted in the Building Materials sector, while Taylor Wimpey and Vistry were flagged in the homebuilders category. The bank specifically highlighted Barratt , Persimmon , and Taylor Wimpey as companies likely to benefit from these reforms. "Barratt and Taylor Wimpey remain our preferred Buy-rated names given the opportunities arising from potential planning reforms and relatively undemanding valuations."
Persons: Mark Fielding, RBC's Fielding, Fielding, Genuit, Travis Perkins, Taylor Wimpey, Ami Galla, Galla, , Labour —, Barratt, Persimmon, " Barratt, AJ Bell Organizations: RBC Capital Markets, Conservative, Labour, RBC, FTSE, FTMC, Materials, AFC Energy, ITM Power, boohoo Locations: Howden, Germany, St, James's, London, Berkeley
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