# #227 UK local election results raise political risk, and our latest Global Macro Forecast

Page: https://stenobird.com/podcast/handelsbanken-insights-economic-update-3582626/227-uk-local-election-results-raise-political-risk-and-our-latest-global-macro-forecast
Text version: https://stenobird.com/podcast/handelsbanken-insights-economic-update-3582626/227-uk-local-election-results-raise-political-risk-and-our-latest-global-macro-forecast.md
Podcast: [Handelsbanken Insights Economic Update](https://stenobird.com/podcast/handelsbanken-insights-economic-update-3582626)
Published: 2026-05-11T13:22:28+00:00
Episode link: https://podcasters.spotify.com/pod/show/handelsbanken-uk/episodes/227-UK-local-election-results-raise-political-risk--and-our-latest-Global-Macro-Forecast-e3j70g6
Audio file: https://anchor.fm/s/4bc355dc/podcast/play/119816134/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-4-11%2F6f9f8865-007f-6719-070f-bc0cc97408d0.mp3
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JSON: https://stenobird.com/v1/public/podcasts/handelsbanken-insights-economic-update-3582626/episodes/227-uk-local-election-results-raise-political-risk-and-our-latest-global-macro-forecast
Duration seconds: 988

## Resource

Our latest Global Macro Forecast includes a number of possible scenarios for the world's combined economies. Global Head of Forecasting Johan Löf looks at which is currently the most likely. Plus: political risk has risen following a bad set of results in the UK local elections for the Labour Party - what do markets think of them and have they changed the path of interest rates? Senior UK Economist Daniel Mahoney explains. Why not share this episode on social media and subscribe wherever you get your podcasts? Presenters: Daniel Mahoney, Johan Löf Producer: Sonia Rothwell 🔗 Read: April 2026 Global Macro Forecast 🔗 Read: UK political risk may exacerbate financial market movements arising from geopolitical risk

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## Transcript

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