Economics

The Conservative party's election victory means it has been given a mandate to renegotiate the UK's role in Europe, according to Jupiter vice chairman Edward Bonham Carter.

David Cameron has said the Conservatives will govern "as a party of one nation" over the next five years, as well as delivering on their promise to hold an in-out referendum on EU membership.

Domestically-oriented stocks have helped power significant gains for UK markets this morning, as investors responded positively to news of a Conservative election win.

Neil Woodford has questioned the viability of the British electoral system following the surprisingly decisive result of yesterday's general election.

Markets have responded positively to news of a Conservative election win, but uncertainty over Britain's membership of the EU and Scotland's future are storm clouds on the horizon, according to economists and fund managers.

Ed Miliband, Nick Clegg, and Nigel Farage have all resigned after suffering election defeat at the hands of the Conservatives.

The pound has leapt almost 2% and the FTSE 100 has added over 100 points as the general election result points to a surprise majority for the Conservatives.

Pensions minister Steve Webb and business secretary Vince Cable have lost their seats after a calamitous evening for the Liberal Democrats saw the party underperform even the most pessimistic forecasts.

The Bank of England has admitted to making errors in its reporting of foreign investors' purchases of UK government bonds in recent weeks.

Equity markets have begun to recover after an early slump driven by a plunge in German sovereign debt prices.