Keir Starmer has resigned as prime minister — so what does it mean for your investments?
His departure triggers a Labour leadership contest, with Andy Burnham the clear frontrunner after winning the Makerfield by-election. Because Labour holds a Commons majority, whoever wins becomes PM automatically.
For markets, the successor matters more than the resignation itself — and gilt yields have already nudged up as investors weigh what a change of direction could mean for borrowing and spending.
We’ve put together a piece on what happens now, how rising gilt yields and a weaker pound could affect your money, and why long-term investors probably shouldn’t panic:
We’d love to know your thoughts — are you watching the political noise closely, or sitting on your hands and staying invested?
Drop a comment below.