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UK Cabinet Minister said Chancellor Reeves is looking to decouple from PM Starmer, Mail on Sunday's Hodges reports citing a cabinet source

The report suggesting that Chancellor Reeves is aiming to distance herself from PM Starmer indicates potential political rifts within the UK government.

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UK Cabinet Minister said Chancellor Reeves is looking to decouple from PM Starmer, Mail on Sunday's Hodges reports citing a cabinet source

UK Cabinet Ministers and MPs are reportedly pointing towards the statement by the Unions call for a timetable, as a potential trigger for a "second wave" of calls for UK PM Starmer to step down, reports Mail on Sunday's Dan Hodges

At least four cabinet ministers, including those close to both UK Health Sec Streeting and Manchester Mayor Burnham, deny reports that they will go to PM Starmer today to tell him to go, reports Bloomberg's Wickham

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This could create uncertainty in UK markets, impacting the GBP negatively if perceived as weakening government cohesion. Traders should keep an eye on how this may influence monetary policy expectations and overall market sentiment toward UK assets.

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