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The sectors ripe for disruption under Labour government
- Investment Management
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- 05.07.24
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Labour’s spending commitments and proposed new industrial strategy and labour market reforms could potentially have a marked impact on the UK economy and market sectors. The party ruled out income tax hikes in its campaign so will need to be extremely prudent on the fiscal front. Also, its commitment to green investments could be positive for the renewables sector. Here, BNY Mellon managers discuss the new Labour government's impact on markets and companies. Read more.