A £20,000 bet has been placed on the Polymarket platform that Keir Starmer will remain as Prime Minister until at least August 31. The large trade suggests the market currently implies around a 49% chance that Starmer will still be in office on that date.
The anonymous trader, known as 'Frosty-Layer-Numismatist', opened the position on the 'Starmer still in office on August 31' market. This indicates they believe the Prime Minister is likely to survive the summer, despite ongoing pressure from some Labour MPs.