Commentary: Labour faces low bar in re-attracting foreign funds

LONDON, July 10 (Reuters) – The remarkable thing about investor reaction to the UK’s new Labour government is how much just a modicum of stability, consistency and competence is being richly applauded.

With exposure to British assets at such a low ebb after a decade of Brexit upheaval, seemingly endless leadership switches and 2022’s almost farcical budget flub, it’s a low bar to jump to please the financial crowd right now.

And that’s probably just as well.