Political strife escalates in the UK; Starmer emphasizes he will not "walk away" and says he still plans to participate in the next election.

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British Prime Minister Starmer, deeply embroiled in a governance crisis and a storm of party infighting, reiterated his tough stance on Monday, claiming that his "political career is not over yet," refusing to set a resignation timetable, and vowing to continue leading the Labour government. Meanwhile, the struggle over his succession is intensifying, and the UK financial markets have begun to react to the political uncertainty.

According to reports, facing more and more open calls to "oust Starmer" from within the Labour Party, Starmer stated that his current focus is "continuing to do a good job as Prime Minister," rather than discussing whether he should stay or go. According to Xinhua, Starmer said in a media interview on Monday that even if his Labour Party leadership faced challenges, he would not "just walk away." If a potential contender, Mayor of Manchester Andy Burnham, wins a by-election to return to Parliament, Starmer would still not set a resignation timetable and remains determined to run in the next general election.

Starmer: Not resigning, "My era is not over"

In a media interview, Starmer clearly denied plans to resign or announce a departure timetable. He said: "My era is not over."

This marks the third time in the past week that Starmer has publicly refused calls to step down.

Previously, Labour suffered heavy losses in local elections in early May, losing significant votes to the right-wing populist party Reform UK, sparking panic within Labour. Several MPs believe that if Starmer continues to lead, Labour may face an even worse defeat in the next general election.

According to media statistics, about a quarter of Labour MPs have publicly demanded Starmer's resignation or the initiation of leadership replacement procedures. Under Labour rules, a formal leadership challenge requires support from at least 20% of Labour MPs, currently about 81 people.

Despite unprecedented pressure, Starmer insists he will not voluntarily step down and emphasizes that Britain cannot afford new political turmoil.

"Palace Coup" escalates: Potential challengers emerge

More worrying to Downing Street than opposition party attacks is the increasingly public power struggle within Labour.

Reports say two key figures seen as potential successors are actively positioning themselves: former Health Secretary Wes Streeting and the popular Labour politician, Mayor of Greater Manchester Andy Burnham, whom media have dubbed "King of the North."

Streeting announced last week that he had resigned from the Cabinet and stated explicitly that if Labour holds a formal leadership election, he will run.

Burnham is seeking to return to Parliament, widely seen as paving the way for a future leadership challenge.

Labour insiders reveal that the core logic of the anti-Starmer camp is: if a leadership change doesn't happen soon, Labour will further lose centrist voters amid economic stagnation, high inflation, and ongoing immigration issues.

Rising fiscal concerns, UK market begins "voting with their feet"

The political crisis is starting to impact Britain's financial markets.

As markets worry that Labour might install a more left-leaning, radical new leadership, UK government bonds have seen clear sell-offs recently, with lending costs rising. Some investors are concerned that if Starmer is replaced by someone more inclined to expand fiscal spending, Britain's fiscal deficit and inflation pressure could worsen further.

Wall Street firms believe the market's main concern is not "who succeeds Starmer," but that Britain may again fall into the cycle of frequent leadership changes and policy swings seen over the past decade.

Media point out that if Starmer is forced out soon, the UK will have its seventh prime minister in the past ten years.

From 'Mr Stability' to the center of a governance crisis

Less than two years ago, Starmer led Labour to a landslide victory over the Conservatives with an image of "stability, pragmatism, and professionalism," seen as a symbol of Britain's "return to normal politics."

But after taking office, Britain has seen weak economic growth, tight public finances, worsening immigration and public service problems, and continuous controversy over issues such as the appointment of the former ambassador to the US, leading to a sustained decline in Starmer's approval ratings.

Polls by Ipsos and others show Starmer has become one of the most unpopular prime ministers in modern British history.

Now, although he still firmly controls the government machinery, the real question is no longer "is there anyone who wants to replace him," but "when will the party formally act."

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