UK parliament votes against inquiry into PM Starmer over Mandelson scandal
The UK Parliament voted against launching an inquiry into Prime Minister Keir Starmer related to the Mandelson scandal, reducing immediate political pressure. Prediction markets show a 38.5% chance Starmer leaves office by June 30 and a 66.5% chance by December 31, with recent stability suggesting the vote bolstered his short-term position. The 28-point gap between the two markets indicates traders expect any serious leadership threat later in the year, if at all. Upcoming local elections in May could influence confidence in Starmer’s leadership and shift market odds.
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The UK Parliament voted not to pursue an inquiry into Prime Minister Keir Starmer over the Mandelson scandal. The market for Starmer leaving office by June 30 is at 38.5% YES, while the December 31 market sits at 66.5%. The vote eased immediate pressure on Starmer. The June 30 market dipped slightly from 38% YES 24 hours ago. The December 31 market held steady. The 28-point spread between June and December suggests traders expect any serious threat to Starmer’s leadership to come later in the year, if at all. Volume hit $71,348 in USDC traded over the last 24 hours. It takes $31,966 to move the December 31 price by 5 points.
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