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macroJun 25, 2026, 8:30 AM

UK Chancellor Reeves Says Andy Burnham to Be Next PM

UK Chancellor Rachel Reeves confirmed that Greater Manchester Mayor Andy Burnham will become the next Prime Minister following the resignation of PM Keir Starmer.

UK Chancellor of the Exchequer Rachel Reeves stated on Thursday that Greater Manchester Mayor Andy Burnham will succeed the outgoing Prime Minister. The announcement came during the European trading session. Reeves confirmed the leadership change following the resignation of Keir Starmer.

No further details on the timing of the transition or immediate policy implications were provided.

Source: FXStreet Forex News