UK Education Minister Phillipson says PM Starmer has my support and the backing of Cabinet ministers

This statement from the UK Education Minister signals support for Prime Minister Starmer within the Cabinet, which could imply a stable governance outlook amid ongoing political dynamics. It’s relevant for markets as it may influence sentiment toward UK policy continuity, impacting risk assets and potentially contributing to a favorable environment for UK equities if stability is seen as high. However, investors should remain cautious, as the political landscape can shift quickly, affecting asset prices in response.