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The sharks are circling UK PM Keir Starmer's leadership, with crunch points coming
U.K. Prime Minister Keir Starmer is looking increasingly vulnerable this week amid mounting speculation that he could face a leadership challenge after the Autumn Budget later in November. Economists expect Starmer’s right-hand in the Treasury, Chancellor Rachel Reeves, will be forced to break Labour Party manifesto pledges not to raise taxes on workers when she unveils her fiscal plans in the budget on Nov. 26. Reeves finds herself in an unenviable position as she tries to fill a fiscal black hole caused by Labour spending pledges, U-turns on reform spending cuts and her own rules on limiting borrowing. Raising ... (full story)