Streeting set to quit UK cabinet as allies push a challenge to Starmer leadership

Published on 13 May 2026

Markets slid as resignation talk hit Westminster

UK Health Secretary Wes Streeting is reportedly preparing to resign, with allies hinting he may challenge Prime Minister Keir Starmer for Labour leadership. The prospect of a party contest has rattled investors, with UK gilts and the pound sliding on the news. Streeting’s spokesperson neither confirmed nor denied the reports, leaving the leadership fight simmering.

Wes Streeting reportedly planning to resign from the UK government
Allies suggest he could challenge Keir Starmer for Labour leadership
Talk of a leadership contest has unsettled financial markets
Streeting’s spokesperson did not deny the resignation claims

#wes streeting #labour party #financial markets #uk politics #keir starmer

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Streeting set to quit UK cabinet as allies push a challenge to Starmer leadership

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