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How will Labour government impact wallets and portfolios?
- Investment Management
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- 11.07.24
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Ahead of the election of the Labour government, the UK's new prime minister Keir Starmer was promising a politics that treads "more lightly" on people's lives. In terms of investment, a review of UK pensions is set to be carried out with the aim of unlocking more private investment in UK PLC. Further, it has been said Labour might look to taxation of non-domiciled UK citizens to boost cash. Here, Morningstar takes a closer look at how the Labour government will impact their wallets and portfolios.