A large £1,400 bet has been placed on Polymarket that Prime Minister Keir Starmer will still be in office on June 30. The trade implies around a ~14% chance that Starmer will remain PM on that date.
The anonymous trader, known as 'Both-Hub', opened the position, suggesting they believe Starmer is likely to survive as Labour leader beyond the end of June. Polymarket is a prediction market where users can bet on political outcomes.