Stuart Coppen (Chart. FCSI)’s Post

With a Labour government entering No.10 with a significant majority, we analyse the new government's manifesto and how its finance-related pledges could impact you: https://lnkd.in/eZkk7dN3

With a Labour government entering No.10 with a significant majority, we analyse the new government's manifesto and how its finance-related pledges could impact you: https://lnkd.in/gkszQY2N

With a Labour government entering No.10 with a significant majority, we analyse the new government's manifesto and how its finance-related pledges could impact you: https://lnkd.in/euuMDw5V

With a Labour government entering No.10 with a significant majority, we analyse the new government's manifesto and how its finance-related pledges could impact you. Learn more: https://lnkd.in/g5Avx3i7

With a Labour government now firmly in place in No.10 with a significant majority, we analyse the new government's manifesto and how its finance-related pledges could impact you: https://lnkd.in/eZmRYuUJ

4 thoughts on Labour's victory today: Expect legislation. Labour has the mandate to push legislation through: For the first time since circa 2015/2016 there will be a full legislative agenda (25+ Bills of substance). The manifesto will be implemented at speed as well as anticipated U-Turns (potentially broader windfall taxes and corporation tax). The First 100 Days is Key: The Party’s priority will be to implement quick, and cheap (for government), policies to show early momentum against the five pledged missions. Likely early action includes reform of the planning system, which does not require huge funds; the setting up of GB Energy, with £8 billion already ring-fenced; and early consultations on a host of new strategies, from healthy eating through to a 10 Year Industrial Strategy and accompanying Infrastructure Strategy. We can also expect a consultation on Angela Rayner’s plans to bolster worker’s rights. This does not require a significant amount of new government spending but could prove an early flash-point with business. Watch-out for the Budget: Labour’s first fiscal event is in the Autumn, at a time of low growth, high borrowing costs and creaking infrastructure. How Labour squares this inheritance with delivering its five missions will be key. Falling global energy prices could, however, give the new Prime Minister the improved economic circumstances he needs.   ‘Politics’ is still important. Although winning a huge victory, the shallow nature of the victory should give Labour pause, with Starmer receiving just 36% of votes case versus Blair receiving 46% of votes cast in his 1997 victory. Given the new makeup of Parliament (with a Lib Dem surge, Nigel Farage in for the first time, the Greens), pressure group politics is here. Whilst that may not lead to changes in legislation, it does provide fertile ground for new advocates or detractors to an organisations’ position to be more influential than at first thought. Britain has an emphatic winner to this election but its electorate feels as divided as before. 

More excellent analysis below from Burson around the UK General Election - worth a good read. There is a clear mood and vote for change and the country needs new momentum from today, but even with the peaceful and sane transfer of democratic power today people remain sadly polarised over so many vital issues. Over 4 million people voted for the Reform Party, with 9.7m voting for Labour, 6.8m for the Conservatives and 3.5 for the Liberal Democrats. I am hoping Labour can bring people together at a volatile time so that we can rebuild the country's reputation for integrity and the rule of law and reinvent its reliability and investment case.

What Impact Will Labour's Landslide Victory Have on UK SMEs? Labour's recent landslide win in the general election could bring significant changes for SMEs. The new government is expected to implement policies aimed at supporting small businesses, including potential tax reforms, increased access to funding, and enhanced employee rights. These changes could create a more favourable environment for SMEs to thrive, innovate, and expand. Understanding the implications of these policies will be crucial for small business owners as they navigate the evolving economic landscape. #SMEs #UKPolitics #BusinessGrowth #LabourVictory #EconomicPolicy #SmallBusinessSupport

Nowhere near enough. 😞 The impact of Labour policy if elected could be 'tiny, going on trivial', according to the Institute for Fiscal Studies. Concern about the lack of ambition of the incoming Labour government is reaching desperation point, as 65 economists just published an open letter to the media under the banner, 'Invest in Britain.' https://lnkd.in/epSCTsyZ Tom Railton, director of campaigns at Invest in Britain, said: “Labour has made some positive noises about investment, but the plans they have set out still imply big public investment cuts which are not economically credible and not what their own voters want.” Labour MUST do MUCH more. #GeneralElection2024 #LabourPolicy #CommunityWealthBuilding

What Does Labour's Landslide Victory Mean for SMEs in the UK? Labour's recent landslide win in the general election could bring significant changes for SMEs. The new government is expected to implement policies aimed at supporting small businesses, including potential tax reforms, increased access to funding, and enhanced employee rights. These changes could create a more favourable environment for SMEs to thrive, innovate, and expand. Understanding the implications of these policies will be crucial for small business owners as they navigate the evolving economic landscape. #SMEs #UKPolitics #BusinessGrowth #LabourVictory #EconomicPolicy #SmallBusinessSupport