Backers of UK Manchester Mayor Burnham are pushing Labour’s NEC to agree to an extended leadership contest timetable, POLITICO reports, citing sources
Newsquawk Staff ·
- If the NEC agrees, it would lead to a three-month (or longer) leadership election.
What it means
This development points to potential instability within the Labour Party as the backers of Mayor Burnham seek a longer timeline for leadership elections. The implications could foster uncertainty in UK politics, impacting sentiment towards domestic assets and broader market confidence. Watch how this situation unfolds, as it could influence government policy coherence and reaction from investors in the near term.
Sources
- RN's Marine Le Pen would win the first round of the French election, Cluster 17 poll shows; Philippe and Melenchon would tie for 2nd place
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- UK Chancellor Healey is reportedly making plans to cut the cost of hiring under-25-year-olds at the UK Budget, City AM reports citing sources
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