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Tory Party Dusted Labour Party; Expect Optimism in Stocks with Exposure to UK

  • December 15, 2019 10:00 AM AEDT
  • Team Kalkine

The UK General Election has concluded, and the Conservative Party have arrived with a clear majority, bagging 364 seats in the process, which is 47 more than the previous elections. Meanwhile, the major opposition – Labour Party won 203 seats, down 59 seats compared to previous elections. Among other parties, Scottish National Party racked up 48 seats in Scotland while Liberal Democrats won just 11 seats. According to Mr Boris Johnson, the Tory Party would be getting the Brexit completed by 31st January 2020. And, this would be a highly optimistic development for companies who have stalled their investment decisions.

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