UK Labour chancellor Rachel Reeves anticipated that the government of PM Keir Starmer will have to raise some taxes in October's Budget, following the claim on Monday that the previous Tory government left a £22bn hole in the public finances.
The elected Falkland Islands Legislative Assembly extends its congratulations to the Labour Party on their victory in the UK General Election. We also extend our congratulations to The Right Honorable Sir Keir Starmer on his election as an MP, and subsequent appointment this as Prime Minister of the United Kingdom by His Majesty The King Charles III.
Sir Keir Starmer was sworn in Friday as the UK’s new prime minister in lieu of the Conservative Rishi Sunak who turned in his resignation following Thursday's appalling electoral defeat earning Labour at least 412 of the 650 seats in Parliament.
Britain's Labour Party seemed poised to grab a decisive majority of around 270 MP posts in Thursday's snap elections as turnout surpassed even the most optimistic of expectations, it was reported from London.
This Thursday's 4 general election in the United Kingdom could prove catastrophic for the Conservative Party and influence its future evolution. After 14 years in office, the Tories appear destined for what experts call the worst general election result in its 190-year history. The dimensions of this defeat would be such that, according to the polls, the current prime minister Rishi Sunak could even become the first head of government to lose his seat in the Commons.
Britain is holding a general election next July 4 with the Conservatives in office since 2019, but also with a string of Prime Ministers in five years and much division among its lines, including the newly formed Reform party, while the opposition is dominated mainly by Labour and leader Keir Starmer.
Election blues in Britain, the general election must be held before the end of January 2025, but the prime minister can call it earlier. And in effect, the ruling Conservatives claimed this week they had delivered the biggest tax cuts in decades in a move to boost the UK's stagnant economy and lift incomes.
Among the many lawmakers and politicians who visited the Falkland Islands stand at the Labour Party Conference in Liverpool was shadow Foreign Office minister Anna McMorrin who is a member of Parliament for Cardiff North since 2017.
UK Labour blew the doors off to take the Rutherglen and Hamilton West seat back from the SNP, leader Keir Starmer has said. Speaking at a victory rally, he said it was the first step on a very important journey in Scotland and the UK.
Elections can be rough and the dichotomy of frenzy results even worse. Something of this happened in England where the Conservatives on Thursday suffered two heavy defeats, but narrowly held on to former PM Boris Johnson's old Uxbridge seat, after a night of three dramatic by-election results.