Keir Starmer appoints Gordon Brown as special envoy on global finance

12 articles · Updated · CNBC · May 9

The move came as Starmer vowed to stay on after Labour's worst local election losses in decades, with Reform UK surging in England and Plaid Cymru and the SNP topping devolved votes.
Brown, prime minister from 2007 to 2010, will seek international finance partnerships to support defence and security investment and strengthen Britain's relationship with Europe.
The losses do not change Westminster's balance of power, but they intensified Labour calls for Starmer to quit as gilt yields fell 4 basis points to 4.904% after he said he would remain.

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