Starmer Quits, Sets Out Plan for New UK PM by September

Keir Starmer said he would step down as Britain’s prime minister after suffering a precipitous fall from favor, paving the way for Andy Burnham to succeed him. On Monday, Burnham, the former mayor of Manchester, said on X that he would “put himself forward.” Starmer announced on Monday morning that he would step down first as Labour leader, with nominations for a successor opening July 9 and any contest wrapped up by the end of Parliament’s summer break on Sept. 1. He said he would remain in office until the process is done, and “ensure an orderly handover of power.” For more, we speak with John Micklethwait, Editor-in-Chief for Bloomberg News. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X:   / bloombergradio   Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts:    / bloombergpodcasts   Bloomberg Television:    / @markets   Bloomberg Originals:    / bloomberg   Quicktake:    / @bloombergquicktake