How Keir Starmer Imploded and Plunged Britain Into More Chaos
Investors are bracing for a period of instability as a protracted Labour party leadership contest looms
Keir Starmer acknowledged the stakes if he and his Labour Party failed, in his first words as prime minister. Nodding to the political chaos that had gripped Britain in recent years, the former prosecutor pledged to end the “era of noisy performance” that was draining away people’s belief in a better future.
“One of the great strengths of this nation has always been our ability to navigate a way through to calmer waters,” Starmer told flag-waving activists outside No. 10 Downing St.’s glossy black door on July 5, 2024. “And yet this depends upon politicians, particularly those who stand for stability and moderation — as I do — recognizing when we must change course.”