UK Greater Manchester Mayor "Burnham's allies say a seat has been lined up for him to stand - with an announcement aimed possibly today", The Times' Kendix reports

The potential announcement regarding Greater Manchester Mayor Burnham's political ambitions could impact sentiment around UK governance and local elections, affecting market stability.

Newsquawk StaffPublished 12 May 2026, 08:56 UTCOn the live feed at 08:36 UTC — 9 more headlines followed before this page went public

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08:41

[MARKET ANALYSIS] Gilts drop with UK PM Starmer to be presented with an ultimatum

08:37

Qatar orders ships at its LNG port to “go dark” under new safety measures

08:36

UK Greater Manchester Mayor "Burnham's allies say a seat has been lined up for him to stand - with an announcement aimed possibly today", The Times' Kendix reports

08:23

Over 81 Labour MPs have now called for UK PM Starmer to resign, Politics UK reports; "This is officially enough to launch a leadership challenge if they unite behind a single candidate"

08:16

UK Junior Minister Fahnbulleh resigns (the first Ministeral level resignation) and calls on PM Starmer to set a timetable for a transition

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Context

Investors may watch for implications on policies that could alter the investment landscape, particularly in equities and fixed income, such as gilts. Keep an eye on sector-specific reactions and risk sentiment, especially in light of any shifts in regional leadership dynamics.

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%

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