Investors are awaiting the results of the British general election with mixed feelings. In political and financial circles it’s generally forecast that on May 2 the Labour party will win a majority, ending the 18-year rule of the Conservatives. What remains in doubt is the size of the majority the party will command.
The size of Labour’s majority in the 659-seat House of Commons will have a vital bearing on the way markets treat British shares and the British economy over the next five years.
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