Speed or stability? Bond markets strap in for Andy Burnham coronation Economics City bond traders are strapping in for a “jumpy” ride as Andy Burnham looks set to cruise into Downing Street uncontested – even if a coronation helps head off the worst volatility, analysts have said. The former Manchester Mayor’s bid for the top job won a major boost today as former health secretary Wes Streeting [...]
As it happened: How Starmer resigned and when Streeting backed Burnham Politics Sir Keir Starmer resigned as Prime Minister. The Labour leader said on Monday he “had heard the answer of the parliamentary party” that he was not the right person to lead the party into the next election. He said nominations for a new leader will open on July 9, and if a contest goes ahead, [...]
Starmer resigns as Prime Minister Politics Sir Keir Starmer has resigned as Prime Minister less than two years after winning a landslide victory at the 2024 general election. Starmer had faced mounting pressure in recent days after challenger Andy Burnham swept to victory in the Makerfield by-election. In a speech outside Downing Street, the Prime Minister said his position had become [...]
‘Bond market meltdown’: UK borrowing costs highest since 1998 as Starmer fights for survival May 12, 2026 Warnings of a “bond market meltdown” flashed through the City on Tuesday after government borrowing costs soared as pressure mounted on Sir Keir Starmer’s future in Downing Street. For weeks, City investors have been on high alert as fears mounted that a mass rebellion would be triggered after devastating local election results. Traders fear the [...]
Starmer’s Europe reset risks strangling UK AI sector with EU regulation May 11, 2026 As the prime minister scrambles to save his premiership Keir Starmer has vowed to position the UK “at the heart of Europe” – but his pledge risks reigniting fears that closer EU ties could undo the UK’s AI advantage. In today’s speech, aimed at rescuing the prime minister’s position after bruising local election losses, Starmer [...]
UK borrowing costs storm past five per cent after Starmer warns of ‘chaos’ if ousted May 11, 2026 UK government borrowing costs have stormed higher following an attempt from Prime Minister Sir Keir Starmer to shore up support after a disastrous local election result. The yield on 10-year gilts rose nearly 10 basis points to over five per cent for the second time in mere weeks. It comes after Starmer sought to defy [...]
Snooker World Championship to stay at The Crucible until at least 2045 March 24, 2026 The Crucible will remain home to snooker’s World Championship until at least 2045 after an agreement was struck to expand the venue’s capacity. The championships will celebrate 50 years at The Crucible in 2027 but faced the threat of being moved to a larger venue overseas by the sport’s promoters Matchroom. Work will begin on [...]
Andrew Mountbatten-Windsor arrested on suspicion of misconduct February 19, 2026 Andrew Mountbatten-Windsor has been arrested on suspicion of misconduct in a public office, the BBC has reported. It comes after increasing pressure on the former Prince after Prime Minister Sir Keir Starmer this morning said “nobody was under the law”. Police were understood to be weighing up allegations that convicted sex offender Jeffrey Epstein had [...]
Manchester United owner Ratcliffe may face FA charge over immigrants rant February 12, 2026 Manchester United co-owner Sir Jim Ratcliffe could face a Football Association charge over his widely-criticised comments that the UK has been “colonised by immigrants”. Prime Minister Sir Keir Starmer and the Mayor of Greater Manchester Andy Burnham have already condemned Ratcliffe’s remarks and now the FA is set to examine whether they have brought the [...]
Starmer only cares about victims ‘to save his skin’, Badenoch blasts February 11, 2026 Sir Keir Starmer faced a brutal grilling at Prime Minister’s Questions on Monday where Kemi Badenoch accused the Prime Minister of only caring about victims of sexual abuse “to save his skin”. In a fiery exchange that was highly party-political but light on policy, the Labour leader said he had “accepted responsibility and apologised for [...]