MHA analyst Connor Hicks says if a successor can deliver policy certainty, market volatility after Prime Minister Starmer’s resignation could ease. Hicks warns the next PM must balance political ambition with fiscal discipline; achieving that balance would likely be welcomed by investors seeking a more predictable, growth‑oriented policy backdrop. He says it is hard to predict the policy stance of leading contender Andy Burnham — who has previously presented as fiscally expansionary but recently

MHA analyst Connor Hicks says if a successor can deliver policy certainty, market volatility after Prime Minister Starmer’s resignation could ease. Hicks warns the next PM must balance political ambition with fiscal discipline; achieving that balance would likely be welcomed by investors seeking a more predictable, growth‑oriented policy backdrop. He says it is hard to predict the policy stance of leading contender Andy Burnham — who has previously presented as fiscally expansionary but recently pledged to adhere to current fiscal rules. Investors will focus on tax and spending choices; corporates want a clear long-term investment plan.