Market stability on the line after Kier Starmer’s resignation | Commercial Awareness Compass #80

Sir Keir Starmer has announced his resignation as Prime Minister (PM) and leader of the Labour Party, plunging the British government into yet another sudden transition, just two years after the last general election. This resignation makes Starmer the sixth UK PM since the 2016 Brexit vote. As it stands, Andy Burnham is the pundits’ favourite to take over, and corporate boardrooms are preparing for a new regime to come in with him.What can unexpected tax changes do to corporate balance sheets? Why might international investors stall transactions during political contests? And how do commercial lawyers prepare their clients for every eventuality?The Commercial Awareness Compass by AllAboutLaw, helps you build your commercial awareness every week with a beginners, intermediate and advanced breakdown of a story from an expert lawyer and trainee solicitor host. This story was taken from a live conversation a few months ago. If you don't want to wait for these conversations, head over to the Commercial Awareness Compass to get them straight to your inbox each week. 🚀 Boost your commercial awareness: https://www.allaboutlaw.co.uk/commercial-awareness-compass