Labour MP Catherine West tells Sky News she think its too far gone for UK PM Starmer due to the extent of the losses around the country and has written to MPs

Catherine West's remarks suggest significant political challenges for UK PM Starmer, potentially indicating a weakening of his support amid electoral losses. This could affect market sentiment towards UK assets, as instability often leads investors to seek safe havens, impacting the GBP and equity markets. We'll want to monitor how this unfolds and any implications for policy stability.