UK PM Burnham "is expected" to begin appointing his Cabinet from 2pm, Politics UK reports
Newsquawk Staff ·
UK PM Burnham "is expected" to begin appointing his Cabinet from 2pm, Politics UK reports.
What it means
The expected announcement of Prime Minister Burnham's Cabinet appointments could signal a shift in UK policy direction and influence market sentiment, particularly if it aligns with a more ambitious or reformist agenda. Traders should monitor potential implications for UK assets, including GBP and equities, as changes in leadership can prompt volatility and adjustments in investor sentiment.
Sources
- Datafolha poll shows Bolsonaro is seen with 47% of votes vs President Lula at 46% in the Brazil presidential runoff
- RN's Marine Le Pen would win the first round of the French election, Cluster 17 poll shows; Philippe and Melenchon would tie for 2nd place
- Romanian naval authority says crew evacuated from a commercial ship which caught fire in Romanian territorial waters; unclear whether ship was hit by drones, an investigation is pending
- Denmark Foreign Ministry says if US wishes to explore Greenlandic subsoil for oil, gas and minerals, this must take place within the framework of the relevant Greenlandic legislation
- RN's Le Pen says she believes that France is not in a position to finance Ukraine
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