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AdvertisementA wave of violence against political leadersAround the world, politics has been rocked by a wave of assassinations of political leaders, dissidents, and other high-profile figures. In the UK, political assassinations were once rare, but two members of parliament were assassinated in five years. Political violence is on the riseA 2018 protest in Turkey against the murder of Jamal Khashoggi, a Saudi dissident. Bruce Hoffman, an expert on terrorism at the Council on Foreign Relations, told Business Insider that rising political violence is the outcome of increasing global instability. - Getty ImagesAnother factor behind the spike in assassinations is the increasing instability of the global political order.
Persons: , Donald Trump, It's, Jo Cox, Sir David Amess, Robert Fico, Alexander Navalny, Vladimir Putin, Shinzo Abe, Fernando Villavicencio, Zoran Djindjic, Jamal Khashoggi, Mohammed bin Salman, Emrah, Bruce Hoffman, Hoffman, Trump, Joe Biden, General Merrick Garland, Christopher Wray, Gretchen Whitmer, Paul Pelosi, Nancy Pelosi, who'd, Tommy Mair, John Bolton, Volodymyr Zelenskyy, Nicholas Maduro, Abe, Jacob Ware Organizations: Service, CNN, Business, Slovakian, Kremlin, Serbian, CIA, University of Maryland's, Council, Foreign Relations, Trump, New York Times Locations: Pennsylvania, Saudi Arabian, Saudi, Turkey, Saudi Arabia, Michigan, Washington , DC, Slovakia, India, Iran
Some of the proposals squarely take aim at the country's private equity sector, which, despite Britain's exit from the European Union, has maintained its stature as the regional hub for deal-making. "Private equity is the only industry where performance-related pay is treated as capital gains," the manifesto says. In practice, that would mean taxing carried interest, or the profits paid to private equity and hedge fund managers, as income. Labour's ascent comes at a precarious time for the private equity sector more broadly. "London has been the pulpit for financial services, private equity and investors in Europe for a long time," said Mark Veldon, a private equity partner at financial advisory and global consulting firm AlixPartners.
Persons: Big Ben, Keir Starmer, Lars Faeste, Faeste, Starmer, Marco Cerrato, he's, Giorgia Meloni, Cerrato, Steve Cohen's, Milan, Mark Veldon Organizations: Westminster, Nurphoto, Getty, Labour Party, Labour, Channel, European Union, Consulting's EMEA, CNBC, Capstone Investment, Management, Eisler, London, Labour Government Locations: London, Europe, Spain, Italy, Milan
Whether “football’s coming home” is as unpredictable as ever. But in England, watching this weekend as its men’s national soccer team comes within touching distance of glory, the dreaming and dreading seem less anguished this time around. Three years ago, in the deadly grip of the coronavirus pandemic and the acrid wake of Brexit, England suffered a heartbreaking loss to Italy, on penalty kicks, in the final of the European championships in London. England’s run through that Covid-delayed tournament had lifted a country that badly needed it. The team’s unofficial anthem, “Three Lions,” swelled in pubs and living rooms across the country, offering the hope, however far-fetched, that after five decades of tournament disappointments and 14 months of lockdowns, “football’s coming home,” as the lyrics of the song go.
Persons: , , “ football’s Organizations: national soccer, Lions Locations: England, Brexit, Italy, London
Incumbents pay the price in year of global elections
  + stars: | 2024-07-09 | by ( Stephen Collinson | ) edition.cnn.com   time to read: +13 min
And elections in Taiwan and South Korea proved the dynamism of the idea that free elections can promote stable governance. The two round French election system once again kept the far-right out of power on Sunday but Macron’s gamble didn’t exactly pay off. An era of political turmoil now looms with a hung parliament, a likely shaky coalition and instability ahead of the next presidential election in 2027. Kevin Coombs/ReutersIndonesiaPrabowo Subianto, a former army general, won the presidential election in the world’s fourth most populous nation, which is home to its largest Muslim population. IranIran wasn’t supposed to have a presidential election this year.
Persons: El, they’ve, Donald Trump’s, Joe Biden, Trump —, Ursula von der Leyen, Emmanuel Macron, Le, Macron, Keir Starmer, Kevin Coombs, Suharto, Narendra Modi, Adnan Abidi, Imran Khan, Nawaz, Asif Ali Zardari, Benazir Bhutto, Sheikh Hasina, Vladimir Putin, Alexey Navalny, Putin, El Salvador, Nayib Bukele, , Bukele, Claudia Sheinbaum Pardo, ObturadorMX, Claudia Sheinbaum, Andrés Manuel López Obrador, Sheinbaum, Lai Ching, Yoon Suk Yeol, André Ventura, Peter Pellegrini, Robert Fico, Fico, Nelson Mandela —, , Macky Sall, Sall, Bassirou Diomaye Faye, Ebrahim Raisi, Ayatollah Ali Khamenei, Masoud Pezeshkian, ultraconservative Saeed Jalili, Pezeshkian Organizations: CNN, European Union, United States –, France, European People’s Party, Popular Front, Britain Voters, Conservative, Labour Party, Reuters, Reuters Indonesia Prabowo, Bharatiya Janata Party, BJP, Pakistan Muslim League, Pakistan People’s Party, Bangladeshi, Kremlin, El, El Salvador Strongman, El Salvador —, Getty, Democratic Progressive Party, Portugal Incumbents, Democratic Alliance coalition, Putin, Russian, South Africa Voters, National Congress, ANC, Democratic Alliance Locations: France, Britain, Iran, El Salvador, Slovakia, Russia, Indonesia, Mexico, South Africa, United States, India, Senegal, Taiwan, South Korea, Germany, London, Reuters Indonesia, Subianto, New Delhi, Reuters Pakistan, Pakistan, , Bangladesh, South Asia, America, China, Beijing, Portugal, Ukraine, Europe, Senegal Senegal, Africa, Sall, Iran Iran, Islamic Republic
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,
CNN —Keir Starmer’s historic victory in Britain’s general election Thursday hands him a level of power that was unthinkable for a Labour leader just five years ago. Convincing the public that the Labour Party could be trusted with public finances was a big part of his electoral campaign. Most notably, the hard-right Reform UK, led by friend of Donald Trump Nigel Farage, secured 14% of the national vote. It’s extremely likely that with Starmer now in power, Farage and his acolytes will turn their attention to tearing chunks out of the Labour Party. Fortunately for Starmer, he has quite a lot of political capital to spend.
Persons: CNN — Keir Starmer’s, Jeremy Corbyn, Starmer, Donald Trump Nigel Farage Organizations: CNN, Labour, Conservative Party, Labour Party, Conservative Locations: Britain’s, Europe, Britain, Downing
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
Populist politician Nigel Farage has won his first-ever seat in the U.K.'s parliament as he looks to shake up the country's politics with his right-wing Reform UK party. The win by the infamous Brexiteer follows seven failed attempts to become a member of British parliament, although he has served as a (pro-Brexit) member of the European Parliament. The result comes amid a surprisingly strong election performance by Reform UK, which has a hardline stance on immigration and was born out of the Brexit Party. Exit polls indicate that the party could secure 13 parliamentary seats — quite the feat given that it failed to win any in the 2019 vote. This is a breaking news story and will be updated shortly.
Persons: Nigel Farage Organizations: Reform, Parliament, Reform UK, Brexit Party
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
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
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
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
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
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
LONDON — Goldman Sachs on Friday upgraded its growth forecast for the U.K. after the Labour Party's thumping victory in the country's general election. The investment bank said in a note released early Friday morning that it expected Labour's fiscal policy agenda to provide a "modest boost to demand growth in the near-term" and raised its gross domestic product (GDP) forecasts for the U.K. by 0.1 percentage points in 2025 and 2026 to 1.6% and 1.5% respectively. "Reforms to the planning system could boost housebuilding and productivity; higher public sector investment could lift potential output; and closer trade ties with the EU could mitigate some of the costs of Brexit," Goldman Sachs economists said in the note.
Persons: Goldman Sachs Organizations: LONDON, Labour
He has a place in history books as the first British Asian prime minister — but now also as the prime minister to suffer one of the heaviest election defeats in Britain’s modern political history. “I would like to see him carry on as prime minister — but the country also needs a change of government,” Dad said. He became prime minister just seven years after becoming an MP — shorter than any other recent occupant of Downing Street. Again, on becoming prime minister, Sunak personally had a much better public reputation than his Conservative Party. Diversity at the topSunak as a Hindu was the first ever British prime minister to practice a non-Christian faith.
Persons: Sunder Katwala, Read, Rishi Sunak’s, Sunder, Sunak, Boris Johnson, Liz Truss’s, Dad, ” Dad, , Liz Truss, Rishi Sunak, Theresa May, Richard Pohle, dented Organizations: British, CNN, Conservative Party, Sunak, Britain, Brexit, National Service of, Reuters, Commonwealth, Reform, Downing, Twitter, Wales Locations: Downing, Britain, India, Covid, London, France, British, Scotland
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
London CNN —British voters have handed the Labour Party its first election victory in almost two decades, hoping that a new center-left government will revive Britain’s ailing economy and fix collapsing public services. The win is a triumph for Keir Starmer, a former chief prosecutor who only entered parliament in 2015 and will become prime minister later Friday. “It feels good, I have to be honest.”But Labour’s jubilation may soon give way to trepidation given the economic challenges ahead. Making these problems even harder to solve: stubbornly low economic growth. To some extent, the government is likely hoping economic growth will be stronger than forecast and help with both goals.
Persons: Conservative Party —, Keir Starmer, , ” Gregory Thwaites, ” ‘, , Paul Johnson, , Dominic Lipinski, Johnson, Louise Hellem, Rachel Reeves, Stefan Rousseau, ” Brexit Organizations: London CNN — British, Labour Party, Conservative Party, National Health Service, Universal Credit, CNN, Labour, for Fiscal Studies, Bloomberg, Getty, Wealth Fund, Great, Great British Energy, , Confederation of Business Industry, Conservative, Shadow, AP, European Union, Trade Locations: England, Scotland, Wales, Selby, UK, Great British, Britain, Southampton, United States
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
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
People celebrate exit poll results at a "Stop The Tories" election afterparty in London, on July 4. Suzanne Plunkett/ReutersThe United Kingdom’s decision to hand the center-left Labour Party a parliamentary majority, according to the exit poll, comes at the same time Europe is broadly in the grip of what some call a right-wing populist surge. Last month’s European elections saw a historic number of lawmakers from hard-right and far-right parties elected to the European Parliament. Farage’s political success to date has all come without him holding a parliamentary seat. An odd quirk of British politics is that the percentage of votes a party gets doesn’t necessarily translate to seats.
Persons: Suzanne Plunkett, Emmanuel Macron, Benito Mussolini, Euroskepticism, Nigel Farage, Donald Trump, Keir Starmer, Starmer’s, Farage, Starmer Organizations: United, Labour Party, Parliament, European, Conservative Party, Reform, Conservatives, Labour Locations: London, Europe, Netherlands, Italy, Britain, British
People celebrate exit poll results at a "Stop The Tories" election afterparty in London, on July 4. Last month’s European elections saw a historic number of lawmakers from hard-right and far-right parties elected to the European Parliament. Farage’s political success to date has all come without him holding a parliamentary seat. It is possible that Farage’s splitting of the right has actually helped Starmer increase his majority in parliament. An odd quirk of British politics is that the percentage of votes a party gets doesn’t necessarily translate to seats.
Persons: Suzanne Plunkett, Emmanuel Macron, Benito Mussolini, Euroskepticism, Nigel Farage, Donald Trump, Keir Starmer, Starmer’s, Farage, Starmer Organizations: United, Labour Party, Parliament, European, Conservative Party, Reform, Conservatives, Labour Locations: London, Europe, Netherlands, Italy, Britain, British
Labour leader Keir Starmer visits Burton and South Derbyshire College on June 27, 2024 in Burton upon Trent, United Kingdom. Cameron Smith | Getty Images News | Getty ImagesLONDON — Britain looks likely to elect its first Labour prime minister in 14 years, with an expected landslide victory for the opposition party during the July 4 elections. CNBC takes a look at the U.K.'s new prime minister and his platform. watch nowStarmer also served as a human rights adviser during former Labour Prime Minister Tony Blair's landmark Northern Ireland Good Friday Agreement. Labour leader Keir Starmer gives a speech as he visits the Vale Inn on June 27, 2024 in Macclesfield, United Kingdom.
Persons: Keir Starmer, Cameron Smith, Rishi Sunak, Starmer, , Margaret Thatcher's, Tony Blair's, Jeremy Corbyn, Reform's Nigel Farage Organizations: South Derbyshire College, Getty, Labour, CNBC, British, National Health Service, University of Leeds, University of Oxford, Shell, Conservative, Northern, Service, Wealth Fund Locations: Burton, Burton upon Trent, United Kingdom, Britain, London, England, Victoria, Macclesfield
Keir Starmer, leader of the Labour Party, campaigns ahead of the general election, in Redditch, UK, on Wednesday, July 3, 2024. Bloomberg | Bloomberg | Getty ImagesLONDON — The U.K. heads to the ballot box on Thursday, as the incumbent Conservative Party seeks to defy months of polls that suggest it will suffer a historic defeat at the hands of the center-left Labour Party. Prime Minister Rishi Sunak announced the vote six weeks ago, taking politicians and the public alike by surprise. The Thursday ballot is the first U.K. general election since 2019, when then-Conservative leader Boris Johnson clinched the party's biggest majority win since 1987 over Jeremy Corbyn's Labour. Rishi Sunak, UK prime minister, campaigns at a Conservative Party general election campaign event at the National Army Museum in London, UK, on Tuesday, July 2, 2024.
Persons: Keir Starmer, Rishi Sunak, Nigel Farage's, Hannah Bunting, Labour's Tony Blair, John Major, Jeremy Hunt, Sunak, Boris Johnson, Jeremy Corbyn's Labour, Liz Truss Organizations: Labour Party, Bloomberg, Getty, Conservative, Labour Party ., of, Liberal Democrats, Greens, Scottish National Party, Plaid Cymru, Democratic Unionist Party, Nigel Farage's Reform, Conservatives, Labour, Convention, University of Exeter, European Union, Conservative Party, National Army Museum Locations: Redditch, UK, England, Scotland, Wales, Northern Ireland, London
Nigel Farage, a supporter of former President Donald J. Trump, a driving force behind Brexit and Britain’s best known political disrupter, was elected to Parliament for the first time. Mr. Farage won by a large margin in Clacton, a faded seaside town, where pre-election opinion surveys had suggested he had a strong chance of winning. He had tried and failed seven times before to be elected to Parliament. “The establishment are terrified, the Conservatives are terrified,” Mr. Farage declared gleefully in a speech last month, referring to the governing party. Britain was “a broken nation,” he added, attacking targets ranging from asylum seekers to the BBC.
Persons: Nigel Farage, Donald J, Trump, , Farage, ” Mr Organizations: BBC Locations: Clacton, Britain
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