Key facts
- UK Prime Minister Keir Starmer is contemplating his future amid pressure to resign.
- Andy Burnham has won a parliamentary seat, enabling a leadership challenge.
- Business Secretary Peter Kyle confirmed Starmer is reflecting on political realities.
- Starmer may announce a departure timetable in the coming days.
- The pound traded near a yearly low due to expectations of Starmer's departure.
UK Prime Minister Keir Starmer is reportedly contemplating his future amid significant pressure to resign, with a cabinet ally stating he is reflecting on "political realities." Business Secretary Peter Kyle told the BBC that any decision Starmer makes "will always be about what's in the best interest of the country." Calls for the Prime Minister to set an exit timetable have intensified following Andy Burnham's decisive victory in the Makerfield by-election, which positions him to challenge Starmer for the Labour leadership. While Starmer initially insisted he would contest any formal bid, a shift in tone from allies suggests he is considering stepping down. Figures in government believe Starmer may set out plans for his departure as early as Monday. Burnham, the former mayor of Greater Manchester, signaled his ambition to lead the Labour Party and the country after his win. Senior Labour figures have advocated for an agreed transition process with Burnham. The pound traded near this year's low on expectations Starmer will set out a timetable for his departure as UK prime minister in coming days.