The UK Labour Party has formally begun the process of choosing a new leader, with Manchester Mayor Andy Burnham emerging as the frontrunner.
The contest follows the shock resignation of Keir Starmer. Burnham is seen as the strong favourite to succeed him at the head of the party.
Labour leadership contests typically involve nominations from members of Parliament followed by a vote among party members and affiliated supporters. The outcome will shape the party’s direction going forward.
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Sources:
https://www.investec.com/en_gb/focus/economy/global-economic-overview-june-2026.html