POLITICO says no resignation watch rumours are yet circulating in Westminster DMs, referring to UK PM Starmer
- Chancellor Reeves publicly backed the PM at last night’s Good Growth Foundation reception, POLITICO reports
Context
The absence of resignation rumors regarding UK PM Starmer suggests political stability for the time being, which may alleviate some uncertainties in the market. Chancellor Reeves' public backing indicates that key figures within the government are solidifying support, possibly strengthening the PM's position amid ongoing challenges. This development could lead to a more favorable sentiment in UK assets, particularly if the governance outlook improves further.
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