A Downing Street insider told the FT that PM Starmer was “going nowhere” and that Labour Party managers believe that Streeting’s support on Thursday had only reached the forties, FT reports

This headline indicates potential instability within the Labour Party, suggesting that PM Starmer's position may not be secure. If party leadership is perceived as vulnerable, it could impact market sentiment, particularly surrounding sectors sensitive to government policy. Traders should monitor political dynamics closely, as shifts in leadership can influence regulations and fiscal strategies.