Labour, led by Keir Starmer, has won a stunning majority in the 2024 general election, marking the end of 14 years of Conservative rule. With nearly all 650 seats declared, Labour has secured 412 seats, a gain of 214, while the Conservatives suffered a crushing loss, retaining only 121 seats. The Liberal Democrats saw a significant increase to 71 seats, and the Scottish National Party dropped to 9 seats.
Key Highlights
- Labour's Unprecedented Win: Labour has clinched an overwhelming majority, surpassing 400 seats, a feat not seen since Tony Blair's 1997 victory.
- Conservatives Crushed: The Tories suffered a massive blow, losing 251 seats, marking the end of Rishi Sunak's tenure as PM.
- Lib Dem Surge: The Liberal Democrats made significant gains, securing 71 seats, a notable increase from their previous 11.
- SNP Decline: The Scottish National Party's dominance waned, losing 37 seats and dropping to single digits.
- Farage’s Breakthrough: Nigel Farage's Reform UK secured its first seats in Parliament, signaling a shift in right-wing politics.
Detailed Results
- Labour Gains: Burnley, Poole, Hendon, Hemel Hempstead, Alloa and Grangemouth, Vale of Glamorgan.
- Lib Dem Gains: Shropshire North, Chesham and Amersham, South Cotswolds, Tewkesbury.
- Reform Gains: Clacton, Farage wins his first seat.
- Conservative Holds: Dumfries and Galloway, Dumfriesshire, Clydesdale and Tweeddale, Daventry, Beaconsfield, South Northamptonshire.
- SNP Holds: Angus and Perthshire Glens.
- DUP Holds: East Londonderry.
The market reaction was subdued, with a slight dip in the yield on 10-year British government bonds. The election results signify a seismic shift in UK politics, with Keir Starmer poised to become the new prime minister, ushering in a new era of political change.
Labour's landslide victory reflects a significant change in voter sentiment, ending the Conservative dominance and reshaping the UK's political landscape.
