Labour Gets Business Backing - MI280524

May 28, 2024
Labour Gets Business Backing - MI280524

As the shock election sinks in it looks like Labour are garnering support from UK business.

A letter has been published in the Times today showing this support.

This, alongside the usual rhetoric around elections, appears to be hold the Pound up well for now.

Today there's US consumer confidence followed by Australian inflation in the early hours of tomorrow. Analysts are expecting annualised growth of 3.4%

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Economic calendar

US: 15:00 Consumer Confidence

AUS: Wednesday 02:30 Inflation Report

As ever we look forward to keeping you in the loop and look out for our next update.

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