UK PM faces biggest challenge yet as resignation threat overshadows King’s Speech
UK Prime Minister Keir Starmer faces a significant challenge as his Health Minister, Wes Streeting, is reportedly preparing to resign. This potential resignation, expected as early as Thursday, could trigger a leadership contest and threaten the implementation of the government's agenda, which was outlined during the King's Speech on Wednesday. The report, published by The Times, emerged as the King delivered his speech amidst pomp and ceremony, overshadowing the government's legislative plans. This threat comes after a period of pressure on Starmer following a significant defeat in recent local elections. Financial markets reacted negatively to the news, with government bond futures falling and the pound weakening. Streeting's office has not yet commented on the report.