Labour Party Leadership Race Kicks Off After Starmer’s Shock Resignation

Keir Starmer’s sudden decision to step down as UK Prime Minister has triggered a fierce contest for the Labour Party leadership. His departure marks a turning point after guiding Labour back into government and restoring its credibility with a focus on stability and moderate policies. Candidates now face a two-stage process: securing support from MPs and party bodies, then winning votes from members, affiliated supporters, and trade unionists. High-profile cabinet ministers and senior MPs are already being tipped as frontrunners, each staking out different visions on taxation, healthcare, housing, and Britain’s role on the world stage. The outcome will shape both the future Labour leader and the UK’s political and economic direction. Financial markets and businesses are watching closely, ready for policy shifts on inflation, public services, and growth. The winner will inherit these challenges and set the tone for the next chapter of British government.

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