![UK election reaction: Markets take comfort in well-expected result](/s3-static/users/user16/UK%20union%20jack%20flags%20SMALL.jpg)
05 JUL
08:35
UK election reaction: Markets take comfort in widely-expected result
The UK is set for a new government, with Labour forecasted to win by a landslide 410 seats – its most since 1997. Despite this seismic shift in the UK political landscape, the initial response in UK assets have been relatively muted so far.