Earlier Keir Starmer had a 17-minute meeting with Streeting at No 10 after days of speculation he is preparing a bid to replace him

British Prime Minister ​Keir Starmer ‌is expected to approve ​an ​increase of 18 ⁠billion pounds ($23.97 ​billion) in ​defence spending as he faces ​a ​battle for political survival, ‌The ⁠Times repor...

One senior Labour insider said it showed the markets were “jittery just at the thought” that Mr Burnham could scrap Rachel Reeves’s fiscal rules, raise taxes and nationalise swathes of industry.