Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Strait of Hormuz closed over ceasefire violations, says Iran

      Aerial view of ships navigating the strategic Strait of Hormuz, highlighting its importance to global maritime trade routes

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Platitudes in women’s sport are empty, patronising and offensive

      Business professionals in a conference room discussing strategy with a presentation screen displaying key market trends.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Fogo de Chao nominated for Best Casual Dining Toast award

      Fogo de Chão restaurant exterior with vibrant signage and bustling entrance at popular city location

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Monday 11 May 2026 10:03 pm  |  Updated:  Monday 11 May 2026 10:06 pm

Cabinet ministers urge Starmer to set path for succession

By: Ali Lyon

Chief reporter

Add as a preferred source on Google
Prime Minister Keir Starmer speaks at a press conference addressing future leadership rumours, wearing a navy suit and tie.
Starmer said he would not "walk away" from his job.

Keir Starmer’s Downing Street operation was plunged into a full-blown crisis on Monday, after three cabinet ministers urged him to set a timeline for his resignation despite the robust defence of his premiership he launched in a make-or-break stump speech earlier in the day.

Speculation over the future of his government reached fever pitch into the evening, when it emerged that home secretary Shabana Mahmood and two of her other cabinet colleagues told the Prime Minister to consider his position.

The triumvirate of of ministers, whose intervention was first reported by The Times, joined a chorus of more than 70 Labour MPs urging Starmer to lay out a timetable for his departure in the wake of Labour’s ballot-box battering last week, one of the party’s worst local elections results in its 125-year history. Several ministerial aides – including Wes Streeting’s parliamentary private secretary Joe Morris – also resigned from their posts in order to call for Starmer to step down, pushing the government to the brink of a full-blown mutiny.

Earlier, Starmer rebuffed calls for him to resign, and promised to “take responsibility for navigating us through a world that is more dangerous” than any period in his lifetime.

“For the British people, tired of a status quo that has failed them, change cannot come quickly enough,” he told a party event in London. “And truth be told, I’m not sure that they believe that we care. I’m not sure they believe that we see their lives. That’s tough to say when you come from a working-class background like me.”

The Prime Minister’s response comes despite the latest CityAM/Freshwater Strategy poll showing 63 per cent of voters believe he should resign as leader of the Labour party. His personal approval rating fell by six points to -40, the lowest of any leader since the 2024 general election.

In an effort to win over his fractious backbenchers, Starmer promised to bring forward legislation that would nationalise British Steel as part of the King’s Speech on Wednesday.

The UK’s largest steelmaker has been stuck in limbo for over a year, after the government seized control of operations at the loss-making steelworks from its Chinese owner Jingye, without taking on full ownership. Its foreign backer had threatened to shutter the blast furnaces in April 2024, after it failed to reach an agreement with ministers on the level of state support for its Scunthorpe site.

Starmer hailed the announcement as an example of “public ownership in the public interest”. “Making Britain stronger with the hope of industrial renewal – that is a Labour choice,” he added.

Read more

Starmer dares Labour rebels to trigger contest if they want him out

Sir Keir Starmer standing resolute, addressing media amid political pressure, refusing resignation calls in a formal setting

The Prime Minister also vowed to pursue closer ties with the European Union that would “put Britain at the heart of Europe”. As part of the push, the UK would build on its restoration of the Erasmus scheme for students and offer young Brits a mobility scheme that will grant them the ability to travel and work freely in the bloc.

The flurry of announcements, which also included a previously announced promise to provide every young person looking for a job “a guaranteed offer of a job training or work placement”, was enough to stop backbencher Catherine West from launching an immediate leadership challenge.

Ministers round on Starmer after dire election defeat

The MP for Hornsey and Friern Barnet had threatened to launch a campaign to unseat the Prime Minister on Saturday if cabinet front-runners refused to table their own formal challenge before Monday. But she declined to follow through on the threat, instead joining calls for Starmer to lay out a path for him to stand down by the autumn.

Labour politicians have been reluctant to call for their leader’s immediate defenestration, fearful that none of the current crop of lawmakers has sufficient support to topple the Labour leader. Starmer made it abundantly clear that he would fight any immediate challenge to his leadership, telling the event: “I’m not going to walk away.” Asked if he would stand in a leadership race, he said: “Yes.”

Many MPs – including influential voices like former cabinet members Angela Rayner and Louise Haigh – are instead urging the Prime Minister to let Manchester mayor Andy Burnham pursue a seat in parliament. Sadiq Khan also called for Burnham to be installed as an MP via a byelection. The move, which Starmer said would be the decision of Labour’s ruling National Executive Committee, would then pave the way to Burnham’s coronation as Starmer’s replacement.

The febrile political atmosphere sparked another sell-off in the UK’s long-term government debt, with traders slashing exposure to Britain’s ballooning debt pile on fears any leadership reset would result in a leftward lurch on economic policy. The yield on the 10-year gilt rose by nearly 10 basis points to more than five per cent, while 30-year gilt yields returned their 27-year high struck last week.

The CityAM/Freshwater Strategy polling also showed voters are fearful of any new leader introducing a wave of tax rises and spending commitments. Some 52 per cent said they feared a new government would pursue a more interventionist economic agenda. Nearly two-thirds (64 per cent) said they would prefer the government to tax less, spend less, and reduce borrowing, even if it means less investment in public services and infrastructure.

Other front-runners to be Starmer’s replacement include health secretary Wes Streeting, who is understood to be preparing his own leadership bid should the Downing St operation fall apart. Any swift challenge to the Prime Minister’s authority would benefit Streeting and his former cabinet colleague Rayner, as Burnham, who is not a Member of Parliament, would not be able to challenge under Labour party rules.

Read more

Starmer leadership under threat ahead of awkward King’s Speech

Keir Starmer stands firmly addressing media, emphasizing his decision not to resign amidst political challenges.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

People & Organisations

  • andy burnham
  • angela rayn
  • Angela Rayner
  • British Steel
  • CityAM / Freshwater Strategy poll
  • Downing Street
  • Erasmus
  • EU
  • Jingye
  • Keir Starmer
  • Labour
  • local authorities
  • local election results
  • local elections
  • Shabana Mahmood
  • Wes Streeting

Trending Articles

  • As it happened: Stocks sink after Fed and Bank of England opt for hawkish hold; Oil price tumbles

  • FTSE 100 Live: Pound dips and stocks slip as Andy Burnham victory triggers political uncertainty

  • City investors raise alarm on Burnham’s Chancellor pick

  • Inheritance tax enquiries surge to six-year high after HMRC clampdown

  • More Big Four blues as Deloitte plans to slash UK audit roles

More from CityAM

  • Starmer dares Labour rebels to trigger contest if they want him out

    Politics
    Sir Keir Starmer standing resolute, addressing media amid political pressure, refusing resignation calls in a formal setting
  • Starmer leadership under threat ahead of awkward King’s Speech

    Politics
    Keir Starmer stands firmly addressing media, emphasizing his decision not to resign amidst political challenges.
  • ‘No authority’: Starmer under pressure to quit after Burnham wins in Makerfield

    Politics
    Breaking news graphic with bold text on a vibrant background, emphasizing current events in the general news category
  • UK government at risk of grinding ‘to a halt’ amid leadership race drama

    Politics
    Keir Starmer
  • ‘Bond market meltdown’: UK borrowing costs highest since 1998 as Starmer fights for survival

    Politics
    Keir Starmer stands with a British flag, highlighting political leadership and national pride in a business news context.
  • Backbencher threatens rebellion as Starmer vows to stay put

    Politics
    Catherine West speaking at a podium during a business conference, engaging with an audience in a professional setting
  • Gordon Brown returns to government as Starmer shrugs off resignation calls

    Politics
    Gordon Brown and Keir Starmer engaged in discussion at a public event, emphasizing leadership and political strategy.
  • As it happened: Ministers resign as gilt yields at 28-year high

    Markets
    Keir Starmer

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies