News in Review Wednesday 24th June 2026

Keir Starmer’s resignation announcement, annual inflation remained at 2.8% in May and the UK and US hold interest rates

Key takeaways:

Starmer’s departure clears the way for the country’s seventh Prime Minister in a decade, in time for the summer recess

Experts were surprised by the latest data from the Office for National Statistics, expecting inflation to rise to 3%

The Monetary Policy Committee voted to retain Bank Rate at 3.75%. The Federal Reserve did likewise at 3.5% – 3.75%

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News in Review Wednesday 24th June 2026

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