UK former Deputy PM Rayner notes the Gorton and Denton by-election results are a "wake up call" and Labour "has to be braver"; Sky News suggests these remarks will be taken as a direct aim at UK PM Starmer and his leadership
Context
Rayner's comments signal internal dissent within the Labour Party, suggesting a potential challenge to PM Starmer's leadership. This may lead to uncertainty in the UK political landscape, impacting market sentiment, particularly in GBP and equities. Traders should watch for any shifts in Labour's policies or direction as it could influence broader market dynamics.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#IMPORTANT#EU SESSION#GLOBAL NEWS