A soft-left UK Labour MP, following PM Starmer's speech, describes it as "utterly inadequate", journalist Schofield reports. Additionally, Labour MP Smith has now called for the PM to resign.
Context
The criticism from a Labour MP regarding PM Starmer's speech indicates growing dissent within the opposition, which could create increased uncertainty around political stability in the UK. If these sentiments gain traction, they may impact GBP/USD and UK equities as markets react to political risk. Watch for any subsequent movements in gilts and risk assets as investor sentiment adjusts to these developments.
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