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Evening Standard
Evening Standard
Jeremy Cutler

Pound holds firm as Starmer confirms he will stand down

Sir Keir Starmer Andy Burnham David Perry Shreyas Gopal Tim Steiner Wes Streeting United States Babcock International Barclays Castlelake
Sir Keir Starmer making his resignation speech in Downing Street on Monday (Andrew Matthews/PA) - (PA Media)

The FTSE 100 rose on Monday, and the pound made headway, as Prime Minister Sir Keir Starmer confirmed he was stepping down and as talks between the US and Iran appeared to make progress.

The FTSE 100 closed up 74.58 points, or 0.7%, at 10,437.85. The FTSE 250 ended down 3.72 points at 23,197.01, while the AIM All-Share fell 1.56 points, 0.2%, to 794.27.

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