What does the Labour election win mean for your money? Key manifesto points after landslide

The Labour election win was not as large as some polls had predicted. But the new government’s majority will mean it can enact significant changes.

Sir Keir Starmer gives a victory speech after the Labour election win was confirmed (Photo by Ricky Vigil/Getty Images)
Sir Keir Starmer will be the next UK Prime Minister after his party won the 2024 general election (Photo by Ricky Vigil/Getty Images)
(Image credit: Getty Images)

Sir Keir Starmer’s Labour Party has secured a large majority at the 2024 general election.

Returning 412 MPs on a 34% share of the national vote, the party has secured an 170-seat majority. This is a similar-sized majority to the ones Tony Blair secured in 1997 and 2001. Two constituencies have still to declare at the time of writing.

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Henry Sandercock has spent more than eight years as a journalist covering a wide variety of beats. Having studied for an MA in journalism at the University of Kent, he started his career in the garden of England as a reporter for local TV channel KMTV.

Henry then worked at the BBC for three years as a radio producer - mostly on BBC Radio 2 with Jeremy Vine, but also on major BBC Radio 4 programmes like The World at One, PM and Broadcasting House. Switching to print media, he covered fresh foods for respected magazine The Grocer for two years.

After moving to NationalWorld.com - a national news site run by the publisher of The Scotsman and Yorkshire Post - Henry began reporting on the cost of living crisis, becoming the title’s money editor in early 2023. He covered everything from the energy crisis to scams, and inflation. He also has bylines in MoneyWeek.