Urge to soothe markets may blunt Labour’s edge on Tories

Urge to soothe markets may blunt Labour’s edge on Tories

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Dread of the financial markets is part of the Labour party’s DNA. This primal fear has been passed down the generations. Ramsay MacDonald, Clement Attlee, Harold Wilson and James Callaghan were all battle-scarred from their vain attempts to defend the pound. Even though the signs point to a big…

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