Select Language

UK: Political realignment - Standard Chartered

Breaking news

UK: Political realignment - Standard Chartered

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.10.09 17:28
UK: Political realignment - Standard Chartered

update 2025.10.09 17:28

Reform UK's rise signals growing voter dissatisfaction with traditional parties' policy agendas. An early election (before August 2029) is unlikely, leaving plenty of time for political fortunes to change. However, both Starmer and Badenoch could face leadership challenges in the coming months, Standard Chartered's economists report.

All to play for

"The UK has undergone a significant political realignment since last year's general election. Since winning a sizeable majority of seats just 14 months ago, public support for the Labour party has fallen by one-third; however, the Conservative party has failed to capitalise on this shift, also drifting lower in the polls. Instead, Nigel Farage's Reform UK has more than doubled its vote share, establishing itself as the UK's most popular political party. The Liberal Democrats and Greens have also made steady, albeit more modest gains and polls now regularly give all five parties more than 10% of the vote."

"Reform UK's political rise signals growing voter dissatisfaction with traditional mainstream parties and their policy platforms. The next election is not until August 2029, and we attach a low probability to an early election, so there is plenty of time for political fortunes to change. For Labour, this will require a clearer economic agenda and evidence of improvement on key metrics governing the economy, the NHS backlog and net migration."

"The Conservatives will need to challenge the government on its economic credentials while restoring credibility on tackling illegal immigration, not easy given their 14 years in power. Both Prime Minister Keir Starmer and Conservative leader Kemi Badenoch could face internal leadership challenges in the near future. Starmer will face a key test with the upcoming budget on 26 November, where further fiscal tightening is due, while both parties could face significant losses at next year's local elections."



Date

Created

 : 2025.10.09

Update

Last updated

 : 2025.10.09

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

EUR/USD steadies as ECB keeps rates unchanged, Lagarde presser eyed

The Euro (EUR) shows limited reaction to the European Central Bank's (ECB) monetary policy decision on Thursday, with EUR/USD struggling to stage a meaningful recovery after recent losses.
New
update2025.10.30 22:41

Germany annual CPI inflation edges lower to 2.3% in October vs. 2.2% expected

Annual inflation in Germany, as measured by the change in the Consumer Price Index (CPI), declined to 2.3% in October's preliminary estimate from 2.4% in September, Germany's Federal Statistical Office reported on Thursday. This print came in above the market expectation of 2.2%.
New
update2025.10.30 22:09

GBP little changed but undertone is soft - Scotiabank

Pound Sterling (GBP) is little changed on the session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
update2025.10.30 22:05

EUR outperforms modestly on firmer EZ GDP - Scotiabank

Stronger than expected Q3 GDP from France (+0.5% Q/Q) helped lift Eurozone growth to a better-than-expected 0.2% in the quarter and 1.3% in the year, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
update2025.10.30 22:04

EUR/JPY holds near record highs as Yen weakens after BoJ; ECB decision eyed

The Euro (EUR) is holding firm against the Japanese Yen (JPY) after surging to record highs earlier in the day, as the Yen remains broadly weaker across major peers following the Bank of Japan's (BoJ) interest rate decision.
New
update2025.10.30 22:02

CAD drifts back to the mid-1.39s - Scotiabank

The Bank of Canada (BoC) delivered a downbeat assessment of the outlook amid a "structural" shift in the economy resulting from US trade policies, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
update2025.10.30 22:02

USD mixed following Fed decision - Scotiabank

The US Dollar (USD) is mixed to slightly firmer as markets grapple with a range of issues driving market sentiment, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
update2025.10.30 21:59

Gold Price Forecast: XAU/USD consolidates losses below $4,000

Gold is going through a mild recovery on Thursday, following a four-day losing streak.
New
update2025.10.30 21:32

Gold steadies as Fed caution tempers rate-cut hopes, Trump-Xi truce lifts sentiment

Gold (XAU/USD) steadies on Thursday after a volatile session, as traders digest the Federal Reserve's (Fed) interest rate cut and cautious monetary policy outlook.
New
update2025.10.30 21:05

USD/CHF gains as Fed signals slower easing, US-China trade relations improve

USD/CHF trades higher around 0.8000 on Thursday, up 0.20% for the day. The US Dollar (USD) finds support after the Federal Reserve (Fed) delivered a widely expected 25 basis-point rate cut to a range of 3.75%-4.00%, while signaling a slower pace of future easing.
New
update2025.10.30 20:55

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel