UK PM faces biggest challenge yet as resignation threat overshadows King’s Speech

According to reports, Health Minister Wes Streeting was preparing to resign as early as Thursday to challenge Starmer The report in the Times newspaper that Health Minister Wes Streeting was preparing to resign as early as Thursday to mount a formal leadership challenge could mean the Starmer government’s agenda, outlined by Charles amid much pomp and ceremony, might never be implemented. Streeting’s office did not immediately respond to a request for comment. British government bond futures fell sharply on the report, erasing their day’s gains, as did 20- and 30-year government bonds, while the pound weakened against the euro. Earlier, Streeting had briefly met Starmer at the prime minister’s Downing Street office but the health minister’s team said he would not comment on that meeting to make sure he did not distract from the King’s Speech.

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