File photo dated 03/07/24 of Labour Party leader Sir Keir Starmer at West Regwm Farm in Whitland, Carmarthenshire, after he addressed supporters on the final day campaigning for the General Election. Source: Stefan Rousseau/PA/Alamy
The Labour Party is steamrolling the UK general election, with exit polls projecting a massive swing against the Conservative government after 14 years in power.
As Thursday’s election results tip against the Tories, elevating Labour leader Keir Starmer to the position of Prime Minister, it shows that British voters are desperate for change.
But how much will the change in government impact Australian businesses and startups reliant on the UK market?
As the final vote is tallied, here is an overview of what new Labour Party leadership could mean for traders at home.
Trade relationship a £20 billion question
Britain and Australia are allied culturally and historically, and no change of prime minister in either nation is likely to erode that relationship.
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