POLITICO, citing UK Officials, says May 8 looks set to be a moment of real danger for the PM; says a long-time critic promised to go public with a call for PM Starmer to step down if results are as bad as expected

The report suggests a significant political risk for PM Starmer, with potentially damaging implications if local election results align with expectations of a poor performance.

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South Korea to launch 24hr USD/KRW trade from end-June

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POLITICO, citing UK Officials, says May 8 looks set to be a moment of real danger for the PM; says a long-time critic promised to go public with a call for PM Starmer to step down if results are as bad as expected

Russia's Deputy PM Novak says UAE exit does not mean a price war, reiterates there are no plans to leave OPEC+, IFX reports

Unilever (ULVR LN) Q1 2026 Trading Statement: Underlying Sales +3.8% (exp. 3.7%); FY26 outlook unchanged with USG at lower end of 4-6% and modest margin improvement expected

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This could increase instability in the UK government, potentially impacting market sentiment across UK assets, particularly in equities and GBP. Traders should watch for market reactions as the date approaches, especially in sectors sensitive to government policy and stability.

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