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Lucy Fisher: Financial Times Whitehall editor on Sir Keir Starmer's resignation as Prime Minister · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: Starm has gone and he's quite emotional.
• 0:03
  Speaker 2: When I leave the biggest job in the country, I
• 0:07
  Speaker 2: shall spend more time on the most important job, being
• 0:12
  Speaker 2: the best husband I can to my fantastic wife Vick,
• 0:16
  Speaker 2: who has been a rock by my side through good
• 0:19
  Speaker 2: times and bad, and being the best dad I can,
• 0:24
  Speaker 2: to my beautiful children who are my pride.
• 0:27
  Speaker 1: For my joint now, he stays on until a successor
• 0:29
  Speaker 1: is chosen, likely to be Burnham when Parliament returns in September.
• 0:33
  Speaker 1: Lucy Fisher, Financial Times Whitehall Editor joins us live Lucy,
• 0:36
  Speaker 1: good morning, good evening to you.
• 0:39
  Speaker 3: Good evening.
• 0:40
  Speaker 1: Reaction I wanted to start with. Reaction has been what
• 0:43
  Speaker 1: is the being market reaction? What are the bonds been doing.
• 0:47
  Speaker 3: Well? Perhaps counterintuitively, we saw both the pounds and guild
• 0:52
  Speaker 3: markets tick up today after where Streeting announced that he
• 0:56
  Speaker 3: would not be running and would fold in behind Burnham.
• 1:00
  Speaker 3: I think there's a sense that the markets had already
• 1:02
  Speaker 3: priced in that there was likely to be a change
• 1:03
  Speaker 3: of prime minister, and the signal that there will not
• 1:07
  Speaker 3: be a sort of bloody contest but instead a fairly
• 1:10
  Speaker 3: seamless transition of power I think has been welcomed by
• 1:13
  Speaker 3: the market.
• 1:14
  Speaker 1: Lucy, has he done the right thing for Labor or
• 1:16
  Speaker 1: could will we likely be back here again before Alix
• 1:20
  Speaker 1: and day in doing this whole dnswer again.
• 1:25
  Speaker 3: God, it's such a good question, isn't it. And the
• 1:28
  Speaker 3: slightly unedifying statistic that the UK is about to be
• 1:31
  Speaker 3: on its seventh prime minister in a decade, possibly its
• 1:34
  Speaker 3: eighth chancellor, possibly its tenth foreign secretary is not a
• 1:39
  Speaker 3: particularly positive one for Britain's prospects. So I think all
• 1:43
  Speaker 3: the hope in the Labor Party is that browling the
• 1:45
  Speaker 3: dice on likely Andy Burnham as the next leader will
• 1:49
  Speaker 3: lead to some stability, will help Labor turn around its
• 1:53
  Speaker 3: standing in the polls and put in a competitive position
• 1:56
  Speaker 3: to be reform UK at the next election three years.
• 2:00
  Speaker 1: I heard a lot of voxes people on the streets staying, yeah,
• 2:03
  Speaker 1: we're happy he's gone. Oh, great news, excellent, But as
• 2:06
  Speaker 1: any one, you know, how stoked are they that they're
• 2:09
  Speaker 1: going to probably get Andy Burnham.
• 2:12
  Speaker 3: Well, look, there is a prison of excitement among some
• 2:17
  Speaker 3: who have sort of brought into his message of change
• 2:19
  Speaker 3: and hope. You know, he is Labour's most popular candidate nationally,
• 2:24
  Speaker 3: and we saw the difference that his personal brand makes
• 2:28
  Speaker 3: in Makerfield last week, where he won with a very
• 2:32
  Speaker 3: decisive majority, despite the fact that Reformer UK had picked
• 2:36
  Speaker 3: up all the council seats in that Westminster constituency just
• 2:40
  Speaker 3: a month before. So there is a feel good factor
• 2:43
  Speaker 3: around him. He does have a personal brand and you
• 2:45
  Speaker 3: know he is very much styling himself as you know,
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  Speaker 3: a man of the North who is to take on
• 2:53
  Speaker 3: the Westminster based elites and pivot away from being London centric.
• 2:57
  Speaker 3: That's a message that may particularly residate with communities liable
• 3:01
  Speaker 3: to vate reform who felt left behind in recent years.
• 3:04
  Speaker 1: Indeede Lucy Fisher, Financial Times, Whitehall. It is a great
• 3:07
  Speaker 1: Tavy on the show this morning with an analysis.
• 3:10
  Speaker 3: For more from early edition with Ryan Bridge.
• 3:12
  Speaker 2: Listen live to News Talks it'd be from five am weekdays,
• 3:16
  Speaker 2: or follow the podcast on iHeartRadio.