Pound sterling

Labour Anticipated to Secure Landslide Victory in UK General Election

Financial markets are abuzz with early signs of a potential Labour victory in the general election, as indicated by an exit poll. The pound remained stable in the Asia-Pacific region, with analysts attributing its slight uptick to the dollar’s weakness. Institutional investors are neutral towards the UK election, with the FTSE 100 and FTSE 250 indices closing on a positive note.