£800 Polymarket bet placed on PM Starmer staying in office past June 22

· large trade ·June 22

Briefing

A £790 Polymarket bet has been placed on UK Prime Minister Keir Starmer remaining in office past June 22, 2023. The trade suggests around a 52% chance that Starmer will still be PM on that date, according to the market's implied probability.

The large trade, worth approximately £800, was opened by a user named 'Taut-Sermon'. Polymarket markets allow traders to bet on political events, in this case whether Starmer will have resigned or been ousted as Labour leader by the specified date.