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Starmer Rejects Calls to Resign During Labour Revolt

The party rebellion nears the MP threshold for a formal challenge, stirring market nerves.

Overview

  • Keir Starmer told an emergency cabinet meeting Tuesday he will stay in office and said no formal leadership challenge has been triggered.
  • Media counts of Labour MPs urging him to step down have reached at least 80, edging close to the 81 nominations required under party rules to force a contest.
  • The Times reported Wednesday that Health Secretary Wes Streeting is preparing to resign to seek the leadership, a move his office has not confirmed.
  • Early May’s local and regional elections left Labour down roughly 1,400 to 1,500 council seats and out of power in Wales as Reform UK made strong gains.
  • At least four ministerial aides have quit, including Melanie Ward, and The Telegraph reported that six senior ministers planned to urge Starmer to go at Tuesday’s meeting.