A large £1,300 bet has been placed on Polymarket that Prime Minister Keir Starmer will still be in office past June 25. The trade suggests the market currently implies around a 70% chance that Starmer will remain PM on that date.
The anonymous trader, known as 'Unwieldy-Supporter', opened the position, suggesting they believe Starmer is likely to survive as Labour leader beyond the late June milestone. Polymarket is a decentralized prediction market platform where users can bet on political and other outcomes.