Fresh blow to Keir Starmer as high financial institution predicts date he can be gone | Politics | News | EUROtoday

Sir Keir Starmer is prone to be ousted from 10 Downing Street earlier than the top of July, a high funding financial institution has predicted. Analysts at Jefferies stated there’s a 60% probability of the embattled Prime Minister being pressured out by the summer time.

They additionally warned that Labour is about to maneuver to the Left no matter whether or not there’s a new chief or not. They wrote: “If Starmer stays, it is likely to be through concessions to the left-leaning camp of Labour. If Starmer goes, he is likely to be replaced by a left-leaning candidate.”

The analysts said the turbulent last week which saw the PM cling to power has left them “concerned about the fiscal picture in the UK”.

And they warned {that a} lurch to the Left can be detrimental for the general public funds and progress.

They stated: “Unfortunately, we’re at a stage the place additional tax rises have gotten counterproductive and can be a detrimental for progress. Spending cuts would even be detrimental for progress.”

It comes after Sir Keir faced the biggest crisis of his premiership so far earlier this month amid the scandal over Lord Peter Mandelson being appointed as British ambassador to Washington despite his links to paedophile Jeffrey Epstein.

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The Prime Minister was urged to resign by Scottish Labour leader Anas Sarwar but managed to stay on after his Cabinet rallied around him.

Sir Keir insisted over the weekend that he will lead Labour into the next general election.

He told The Sun: “I received the management of the Labour Party when individuals stated I would not. I modified the Labour Party when individuals stated I could not. I received an election when individuals stated we would not.

“And now I intend to change the country – whatever other people say.”