UK Cabinet Minister responds to PM Starmer's speech, saying "It wasn't radical enough", via Mail on Sunday's Hodges

The criticism of PM Starmer's speech by a UK Cabinet Minister suggests potential division within the government regarding policy direction, which could impact fiscal stability and investor confidence.

Newsquawk StaffPublished 11 May 2026, 10:02 UTCOn the live feed at 09:42 UTC — 6 more headlines followed before this page went public

Newsquawk headlinesUTC

09:47

Japan's Council on Economic and Fiscal Policy have reportedly warned the BoJ against higher borrowing costs, as it could impact small- and mid-size firms, amidst the Iran conflict

09:44

Newsquawk Daily US Opening News - 11th May 2026

09:42

UK Cabinet Minister responds to PM Starmer's speech, saying "It wasn't radical enough", via Mail on Sunday's Hodges

09:41

UK PM Starmer (Q&A) says the upcoming EU summit will be a platform where relationships can be built

09:40

CNB Vice Governor Zamrazilova says the next rate step is either a hold or a hike

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Journalist Hodges adds, "Told the cabinet were not asked to attend the speech."

Context

If perceived as an indication of deeper rifts or lack of clarity in policy, this may lead to increased volatility in the fixed income and equity markets, particularly for UK assets like Gilts and the FTSE 100. Watch for market reactions based on perceived government cohesiveness or potential shifts in fiscal policy.

Fixed Income · last 90 days

Recent headlines that moved markets

FIXED INCOME/4 Sept · 12:30 UTC

US Non Farm Payrolls (Aug) 162K vs. Exp. 56K (Prev. 21K); 2-month net revision +55k; Birth-Death 154K.

- UST futures, after we published−0.4%

In an immediate reaction to the healthy jobs market report: ES futures fell whilst the probability for a 25bps Fed hike at the next meeting rose to ~65% from just under 50% pre-data.

FIXED INCOME/4 Sept · 12:30 UTC

US Non Farm Payrolls (Aug) 162K vs. Exp. 56K (Prev. 21K); 2-month net revision +55k; Birth-Death 154K.

- UST futures, after we published−0.4%

FIXED INCOME/3 Sept · 12:48 UTC

Fed Governor Waller (Voter) Q&A: With CPI and PPI in hand, have a pretty accurate view of PCE inflation; there is little cost to waiting one meeting.

10yr UST futures, after we published+0.1%

FIXED INCOME/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

10yr UST futures, after we published+0.1%

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.