King Charles III Delivers Legislative Agenda as Embattled Keir Starmer Fights to Save His Leadership

King Charles III opened Parliament with the King’s Speech, setting out Labour’s legislative agenda.

Keir Starmer faced pressure to resign after weak local election results and unrest inside Labour, but he stayed on.

The leadership turmoil briefly lifted UK gilt yields as investors worried about political instability.

Yields later eased, though the episode highlighted concerns about Labour’s ability to deliver its program and maintain fiscal credibility.