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This morning’s jump in UK borrowing costs comes after Darren Jones, the chief secretary to the PM, told broadcasters that Keir Starmer is ‘listening to colleagues’.
Jones told Sky News:
I spoke to the prime minister last night, as you would expect, and he is talking to colleagues who have raised issues yesterday.
But he was also very clear, as I’m sure all of my colleagues are, that coming into the office this morning, as we all are doing, we’re absolutely focussed on our jobs, on delivering the things that we’ve promised to deliver for the public.
So far the market moves have been relatively modest but are beginning to reflect building unease over the future of Prime Minister Keir Starmer who is facing growing pressure from within the Labour party to step down.
Pressure intensified yesterday on Starmer after four ministerial aides quit the government saying they no longer believed he could tun things around.
The latest developments increasingly look like the end of the road for Keir Stamer as prime minister. A leadership contest whether immediate or more drawn out will add to political uncertainty in the near-term which is negative for the pound and gilts. The risk of a bigger sell-off will increase if Labour shift towards the left.
Considering i spoke to the prime minister last night, as you would expect, and he is talking to colleagues who have raised issues yesterday, it raises some real questions about what happens next.
The detail about this morning’s jump in UK borrowing costs comes after Darren Jones, the chief secretary to the PM, told broadcasters that Keir Starmer is ‘listening to colleagues’ is something people should sit with.
The latest developments increasingly look like the end of the road for Keir Stamer as prime minister. Meanwhile politics Live: Minister says Starmer is ‘listening’ but refuses to say if PM will stay on ahead of critical cabinet.
What stands out is i spoke to the prime minister last night, as you would expect, and he is talking to colleagues who have raised issues yesterday. That is the part worth paying attention to.
Politics Live has been pushing this agenda for a while now.
In other words pressure intensified yesterday on Starmer after four ministerial aides quit the government saying they no longer believed he could tun things around. Curious to see how this develops.
On one hand this morning’s jump in UK borrowing costs comes after Darren Jones, the chief secretary to the PM, told broadcasters that Keir Starmer is ‘listening to colleagues’. But at the same time i spoke to the prime minister last night, as you would expect, and he is talking to colleagues who have raised issues yesterday.
Reading that politics Live: Minister says Starmer is ‘listening’ but refuses to say if PM will stay on ahead of critical cabinet — hard to argue with the logic there.
On one hand politics Live: Minister says Starmer is ‘listening’ but refuses to say if PM will stay on ahead of critical cabinet. But at the same time this morning’s jump in UK borrowing costs comes after Darren Jones, the chief secretary to the PM, told broadcasters that Keir Starmer is ‘listening to colleagues’.
Politics Live has been vocal about this, good to see them staying on it.
If pressure intensified yesterday on Starmer after four ministerial aides quit the government saying they no longer believed he could tun things around, then the bigger picture starts to look very different.
Pressure intensified yesterday on Starmer after four ministerial aides quit the government saying they no longer believed he could tun things around. Meanwhile the latest developments increasingly look like the end of the road for Keir Stamer as prime minister.
Basically this morning’s jump in UK borrowing costs comes after Darren Jones, the chief secretary to the PM, told broadcasters that Keir Starmer is ‘listening to colleagues’. What matters is whether anything changes because of it.
Still waiting to hear what Darren Jones actually plans to do about it.
If this morning’s jump in UK borrowing costs comes after Darren Jones, the chief secretary to the PM, told broadcasters that Keir Starmer is ‘listening to colleagues’, then the bigger picture starts to look very different.