July 4, 2024 11:05 PM

UK election brings few hopes or fears to cautious City of London

The UK financial sector is warming to Labour's pro-business overtures and pledges to provide stability and support, but many in the City remain wary it could be targeted to prop up Britain's stretched public finances further down the line. Under leader Keir Starmer, the Labour Party - expected to win Thursday's UK election - has assiduously courted the City of London, mindful that his plans for boosting economic growth will need a big dose of private capital. In the last election in 2019, Star...