Labour victory: What happens next for markets?

While the new Labour government may attempt to quickly put in place short-term policies the party flagged during its campaign, such as planning permission to accelerate infrastructure projects, investors want more clarity on how it plans to lift UK growth. With pledges to also limit borrowing, maintain the provision of public services, and freeze taxes, this will be quite hard to achieve in practice, according to BNY Mellon's economics team. Watch this video to find out more about what the Labour government will aim to achieve in the short, medium, and long-term and the impact this...