The Latest Breaking News from Harold Wilson

The markets haven’t imploded, sterling is solid, and there is no flight of investors – and given the circumstances, the only way is up, says Guardian economics editor Larry Elliott

Labour’s new prime minister is in a position of strength in relation to Brexit. He must be bold for Britain’s sake

Past big Labour wins have caused seismic cultural shifts but the unflashy stance of our new leader is described as ‘less Camelot – more Center Parcs’

When teaching British political history, I usually stress two points. First, the British Conservative Party have been among the most successful office-seeking parties in electoral history. Second, British Labour struggles mightily to obtain power. Both throw into relief the earth-shattering nature of this landslide win for Keir Starmer’s Labour party.