£2.2k bet placed that PM Starmer will remain in office on June 25

· large trade ·June 25

Briefing

A large £2,248 bet has been placed on Polymarket that Keir Starmer will still be Prime Minister on June 25. The trade suggests the market sees around a 37% chance Starmer will remain in office on that date.

The anonymous trader, known as 'Frail-Possible', has opened a position backing Starmer to stay on as PM. This comes as speculation continues over the Labour leader's future, with the party facing a crucial set of local elections in May.