- Sterling has fallen to a one-month low against the dollar amidst political turmoil, reaching $1.33.
- Greater Manchester mayor Andy Burnham is reportedly preparing to challenge Sir Keir Starmer for the Labour leadership.
- No 10 has indicated it will not block Mr Burnham from standing in the Makerfield constituency to return to Parliament.
- Wes Streeting dramatically resigned as health secretary, citing a loss of confidence in Sir Keir's leadership and accusing him of creating a vacuum.
- Despite the leadership challenges, Sir Keir Starmer has vowed to fight on, with allies confirming his determination to remain in office.
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