Labour's Lead Is Firm, Reform Gains: Five Lessons From UK By-Elections

(Bloomberg) -- The UK Labour Party handed the governing Conservatives two thumping defeats in a pair of special elections on Thursday in a setback for Prime Minister Rishi Sunak that reinforces the sense that the opposition is on course to win power at a general election due in the next year.Most Read from BloombergTrump Organization Hit With $365 Million Fine in Fraud TrialWall Street Ends Wild Week on Sour Note After PPI: Markets WrapAlexey Navalny, Jailed Activist Who Defied Putin, Dies at 47

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