UK Health Secretary Wes Streeting has told allies that he is preparing to resign and trigger a leadership contest as soon as Thursday, The Times reports
- An ally of Streeting's says “He is going to go for it. He’s going tomorrow.” another source says they expect a move "before the end of the week".
Context
Wes Streeting's potential resignation as UK Health Secretary could spark a significant shift in political stability, impacting GBP sentiment. Traders may want to monitor how this leadership contest affects market expectations around fiscal and health policy, with potential repercussions for currencies and risk assets as the situation unfolds.
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