On Tuesday, the British pound depreciated against a stronger dollar as investors sought more details on the replacement for UK Prime Minister Keir Starmer after his resignation, reflecting reports that UK business activity slowed down this month.

Starmer’s significant move to step down ensures a seamless succession; however, Andy Burnham has become the new Member of Parliament for Makerfield.

Earlier, Andy Burnham had remarkably won the Makerfield by-election against the Reform-the party in second place by securing more than 9,000 votes. At present, this remains unclear if Burnham will face a leadership challenge or........

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