British Prime Minister Keir Starmer said Monday he will resign as leader of the Labour Party once a new leader is elected in the coming weeks.
Source: [The Hill](https://thehill.com/policy/international/5933903-keir-starmer-resigns-labour-leader/)
The United Kingdom will have its seventh prime minister in a decade.
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The prime minister said a new leader will be in place before parliament returns in September Full report: Keir Starmer to step down as prime minister two years after historic election victory Wes Streeting backs Andy Burnham to become Labour leader and PM This is from Tom Baldwin , Keir Starmer’s...
Markets reacted calmly to the prime minister’s announcement, which laid out a timeline for succession. Still, there’s not much clarity about the next government.
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U. S. oil production is expected to grow only modestly next year as companies hesitate to spend more in an uncertain market.