Business Standard

Labour gains

Hopes for an India-UK FTA improve

India UK, FTA

Business Standard Editorial Comment

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The British Labour Party’s return to power after 14 years following a victory that surpassed expectations is seen as a vote for stability after the chaotic years of Conservative rule, marked by serial scandals, a cost of living crisis, failing public services, and sluggish economic growth in the post-Brexit era. But disaggregated voting patterns in this low-turnout election suggest that despite winning 412 seats, 64 per cent of Parliament’s 650 seats, the Labour party’s popular victory is a qualified one. The party won 34 per cent of the vote, only 2 percentage points more than its poor

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First Published: Jul 07 2024 | 10:03 PM IST

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