Sir Keir Starmer achieves majority of 211, surpassing Tony Blair's 1997 majority

From Morningstar: 2024-07-05 10:05:00

Sir Keir Starmer achieved a majority of 211, surpassing Tony Blair’s 1997 majority of 179. In 25 years, prices have risen due to inflation, affecting house prices, beer, petrol, wages, and pensions. The FTSE 100 market has grown by 75%, but the S&P 500 saw a 572% increase. AstraZeneca is now the UK’s most valuable company.

The UK economy has grown since 1997, despite current growth levels being lower. Inflation levels are similar. The Bank of England now faces more pressure on inflation compared to the ‘NICE’ era, when inflation was low. The future of the economy in the next 25 years remains uncertain.



Read more at Morningstar: 1997 vs 2024: How Prices Have Changed Since Blair’s…