-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Global Macro Weekly -
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI: Japan Govt Keeps Economic Assessment, Ups Imports
MNI EUROPEAN OPEN: CAD, MXN Weaken On Tariff Threat, JPY Firms
MNI POLICY: Conservatives Win Majority, PM Promises Jan Brexit
--PM Johnson Looks Likely To Pick Up A 70+ Seat Majority
--Opposition Labour Party Fall To Electoral Outcome Since 1935
--SNP Make Strong Gains, Resurrect Claims For Early Independence Vote
LONDON (MNI) - The Conservative Party won a clear victory in the UK's
General Election, with Prime Minister Boris Johnson being returned to Downing
Street with a clear mandate to 'get Brexit done'.
By 0530GMT, the BBC were forecasting the Conservatives would hold a
majority of 74 seats, giving Johnson clear daylight in the House of Commons to
push his Brexit legislation through.
Although Johnson's success will be a key takeaway from the evening, the
failure of opposition parties to make any headway with the electorate was
another. The main opposition Labour Party appear to have fallen to their worst
electoral result since 1935, seen picking up just over 200 seats, down sharply
from the 262 won in 2017.
The Liberal Democrats, early in the campaign seen as the standard bearers
from pro-Remain voters, failed to deliver on the early promise and look like net
losing seats. To rub salt in the wound, their leader Jo Swinson lost her
Dunbartonshire East seat, just weeks after saying she could be the next Prime
Minister.
The Scottish Nationalist Party were the exception of the opposition
parties, regaining seats lost in 2017 and heading for gains to take them back
towards 50 seats. That would give them a powerful mandate to claim another
referendum on Scottish independence, although Johnson has often said he will not
grant any request for one.
Speaking shortly after the results in his own constituency -- won with an
increased majority -- Johnson said "It does look as though this One Nation
Conservative government has been given a powerful new mandate to get Brexit
done," adding he would take the UK out of the EU in January.
Conservatives won seats across England and Wales, whilst holding onto more
seats in Scotland than initially thought.
Jeremy Corbyn, leader of the defeated Labour Party, said he would not lead
them into the next General Election and he would start the process of reflection
needed before considering electing a new leadership team.
Members of Parliament old and new will travel to Westminster on Monday to
start the swearing in process. According to Downing Street sources, the
government intends to reintroduce legislation enabling Brexit by Jan 31 for a
second reading on Dec 20.
Other highlights of the legislative programme are expected to be delayed
until after Brexit, with suggestions both the next Queen's Speech and the Budget
will be held in March.
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: M$B$$$,M$E$$$,MC$$$$,MT$$$$,MGB$$$]
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.