Keir Starmer Resigns as UK Prime Minister After Two Years

Starmer announced his resignation Monday, less than two years after Labour's landslide win in July 2024, saying his party felt he wasn't best placed for the next election.

 He highlighted successes like stabilizing the economy, cutting NHS waiting lists, reducing small boat crossings, lifting children from poverty, and supporting Ukraine, while staying on as caretaker until a successor is chosen by early September.

Greater Manchester Mayor Andy Burnham, fresh off a by-election win, launched his leadership bid and emerged as frontrunner, amid opposition calls for a general election and praise from Labour allies.

The move marks Britain's seventh prime minister in a decade, with markets unmoved.