By Chris Dorrell Labour’s thumping majority sparked little reaction in the markets on Friday morning with analysts suggesting the election results were already priced in. The results confirmed that Labour won a landslide majority while the Conservatives look set to slump to the worst performance in their history. Sterling was trading up around 0.1 per cent this morning at $1.277 while futures on the FTSE 100 edged up by around 0.2 per cent. Markets will open at 8am. “UK markets haven’t reacted much to the result, as the outcome of a Labour majority was widely expected beforehand,” Deutsche Ban…