A £1,403 bet has been placed on Polymarket that Prime Minister Keir Starmer will still be in office on June 24. The large trade suggests the market currently implies around a 49% chance Starmer will remain PM past that date.
The anonymous trader, known as 'All-Peasant-Drug', opened the position, betting that Starmer will not have resigned or been ousted by June 24. Polymarket is a decentralized prediction market where users can trade on the outcomes of future events.