UK Labour NEC decision on allowing Burnham to run in the Makerfield by-election is not as clear cut as many are reporting, according to GB News' Harwood; vote is said to be on a "knife edge", sources say "everyone is wavering"

Context

The uncertainty surrounding the UK Labour NEC's decision regarding Burnham's candidacy reflects broader political tensions that could impact market sentiment. If the situation is indeed volatile, it could signal further instability within the Labour Party, potentially affecting policies or the general political landscape in the UK. Traders should remain attentive, as developments here might influence the GBP or related assets.

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