The Duran Podcast Rayner RESIGNS. Starmer decline accelerates
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Sep 5, 2025 Political chaos unfolds in the UK as the Deputy Leader resigns, shaking the Labour Party's unity. The discussion highlights how Angela Rayner was a key bridge to working-class voters and her departure brings uncertainty. As leadership shifts and the government's support declines, tensions rise over ongoing domestic crises and tough immigration policies. Economic strategies are proposed, suggesting tax cuts and business investment to stimulate growth amid high taxes and regulatory challenges, all while navigating the complexities of international relations.
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Economic Stagnation Fuels Political Risk
- Alexander Mercouris says the UK economy is stagnant with rising bond yields and high debt-to-GDP, creating political instability.
- Market nervousness grows when the PM appears at odds with his finance minister and fiscal direction is uncertain.
Downing Street Builds A Shadow Finance Team
- Mercouris interprets Starmer's reshuffle as creating a parallel finance team and undermining Chancellor Rachel Reeves.
- He says that internal tensions between PM and finance minister amplify uncertainty and market fears.
Rayner's Resignation Breaks Union Ties
- Angela Rayner resigned amid a tax-avoidance scandal while serving as housing minister and deputy leader.
- Mercouris highlights that losing Rayner severs a key link between the Labour government and organized labour.