Nigel Farage Resigns as MP, UK Fiscal Rules in Focus

Nigel Farage, leader of the Reform UK party, has resigned as MP for Clacton, an unexpected move that will trigger a by-election. Farage has stated he intends to contest the upcoming election for the same seat.

While the resignation is notable, market attention is shifting to the UK's fiscal rules and broader economic outlook. The development comes amid ongoing debate over the government's spending and tax policies.