Burnham allies ‘offer MPs peerages to stand aside’ so he can run for PM, i Paper reports
This development signals increasing political maneuvering in the UK, with Burnham's potential return to Westminster suggesting a challenge to the current leadership.
Vice President Vance is set to meet with Qatar's PM this morning, main focus will be on the Qatar US relationship. But Iran will be among the topics discussed a source familiar tells News Nation
Newsquawk Weekly Economic Calendar 11th - 15th May 2026
Burnham allies ‘offer MPs peerages to stand aside’ so he can run for PM, i Paper reports
Citi says copper looks supported in the near-term around USD 13k/t; base case is headwinds from US tariff and inventory dynamics see copper moderate towards USD 12k/t by Q4'26
BoE's Bailey does not comment on monetary policy
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- Andy Burnham’s allies have been offering peerages to MPs willing to stand aside so he can return to Westminster,The i Paperhas been told.
- Multiple sources claim the Mayor of Manchester’s allies have been making moves to position him for any leadership challenge which may come after the local elections.
- The results are likely to pile further pressure on Sir Keir Starmer, who has long known that these elections could be make or break for his premiership.
The pressure on Keir Starmer could impact his policymaking and party stability, potentially leading to shifts in government direction or strategy. Traders should watch for market reactions in GBP and UK assets as these dynamics unfold.
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