Find Out Now surveyed 1005 investors (those who had reported investing in the stock market in the past 12 months), 1291 private pension holders and 1057 retired over-65s for XTB on June 19th 2024, to ask their views on the stock market and the election.

Investors:

Thinking of the general election next month. Which party do you think would be best for the UK economy?

• Labour party led by Keir Starmer 39.1%
• Don’t know 34.8%
• Conservative party led by Rishi Sunak 26.1%

Thinking of the general election next month. Which party do you think would be best for the UK stock market?

• Labour Party led by Keir Starmer 33.6%
• Don’t know 37.4%
• Conservative Party led by Rishi Sunak 29.0%

If the Conservative party wins the election, which best describes your view?

• I would be pessimistic about my investments in the UK stock market 39.2%
• I would be optimistic about my investments in the UK stock market 33.7%
• Don’t know 27.1%

If the Labour party wins the election, which best describes your view?

• I would be pessimistic about my investments in the UK stock market 37.1%
• I would be optimistic about my investments in the UK stock market 35.1%
• Don’t know 27.8%

If the Conservative party wins the election, which best describes your view?

• Don’t know 58.9%
• I would be more likely to increase my investment portfolio 21.7%
• I would be more likely to reduce my investment portfolio 19.4%

If the Labour party wins the election, which best describes your view?

• Don’t know 56.2%
• I would be more likely to increase my investment 22.3%
• I would be more likely to reduce my investment portfolio 21.5%

Thinking of the following sectors of the UK economy. Do you think they would perform better under a Conservative government, or a Labour government?

• Banks
  • Don’t know 37.1%
  • Better under Conservative government 33.7%
  • Better under Labour government 29.2%
• Tech
  • Don’t know 41.3%
  • Better under Labour government 33.0%
  • Better under Conservative government 25.7%
• Property/Housing
  • Better under Labour government 43.6%
  • Don’t know 35.7%
  • Better under Conservative government 20.7%
• Retail (such as high street shops)
  • Don’t know 40.9%
  • Better under Labour government 39.3%
  • Better under Conservative government 19.8%
• Cars and Automakers
  • Don’t know 42.6%
  • Better under Labour government 34.6%
  • Better under Conservative government 22.8%]
• Pharmaceuticals
  • Don’t know 43.7%
  • Better under Labour government 31.2%
  • Better under Conservative government 25.1%

People with private pension:

• Which statement comes closest to your view? I would feel more confident about my pension plan…
  • Don’t know 61.4%
  • Under a Labour government 22.1%
  • Under a Conservative government 16.5%
• Do you think tax is more likely to rise under a Labour or Conservative government, or are they both likely to be the same?
  • Tax is equally likely to rise under either party 41.5%
  • Tax is more likely to rise under a Labour government 25.1%
  • Don’t know 23.24%
  • Tax is more likely to rise under a Conservative government 10.1%

Over-65 and retired:

• Which statement comes closest to your view? I would feel more confident about my pension plan…
  • Don’t know 50.8%
  • Under a Conservative government 35.1%
  • Under a Labour government 14.1%
• Do you think tax is more likely to rise under a Labour or Conservative Government, or are they both likely to be the same?
  • Tax is more likely to rise under a Labour government 40.0%
  • Tax is equally likely to rise under either party 36.7%
  • Don’t know 14.6%
  • Tax is more likely to rise under a Conservative government 8.7%