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Labour’s planning reforms ‘positive’ for sector while currency markets had priced in the election landslideMarkets left barely stirred by Labour’s thumping election winBusiness live – latest updatesGeneral election 2024: live newsHousebuilders have rallied sharply on the London stock market after Labour’s landslide general election victory as investors bet that Keir Starmer’s pledge to bulldoze planning rules and build 1.5m new homes would benefit the sector.After securing a majority widely expected in financial markets, the FTSE 100 and the pound edged higher while government borrowing costs remained roughly unchanged. Continue reading…
Labour’s planning reforms ‘positive’ for sector while currency markets had priced in the election landslide
Markets left barely stirred by Labour’s thumping election winBusiness live – latest updatesGeneral election 2024: live news
Housebuilders have rallied sharply on the London stock market after Labour’s landslide general election victory as investors bet that Keir Starmer’s pledge to bulldoze planning rules and build 1.5m new homes would benefit the sector.
After securing a majority widely expected in financial markets, the FTSE 100 and the pound edged higher while government borrowing costs remained roughly unchanged.
