The FTSE 100 has rallied following the Labour Party’s historic landslide victory in yesterday’s General Election. Currently, the index stands 21 points higher at 8262.26, reflecting an election result that was fully priced in by financial markets.Among individual stocks, Persimmon is 25p higher at 1457p with NatWest up at 327.1p and British Gas owner Centrica ahead by 0.9p to 141.3p.Furthermore, the British pound has lifted against the US dollar and Euro with sterling jumping 0.1 per cent to $1.278, which is the highest it’s been since the middle of June.This was up 0.01 per cent at €1.180 euros as the global markets woke up to Sir Keir Starmer’s party returning to Number 10 Downing Street.Overall, the pound has held steady in overnight trading after initial exit polls gave an indication as to the extent of Labour’s lead.Do you have a money story you’d like to share? Get in touch by emailing money@gbnews.uk.Many analysts had already priced in a massive victory from the party into the financial markets.Currently, traders are expecting the FTSE 100 Index to edge higher when UK markets open at 8am.THIS IS A BREAKING NEWS STORY… MORE TO FOLLOW GB News Read More