India, May 15 -- The British pound weakened against other major currencies in the European session on Friday, as investors weighed a potential leadership challenge to Prime Minister Keir Starmer from Greater Manchester Mayor Andy Burnham, as well as concerns over inflation risks.
Burnham announced on Thursday that he would try to run in the Makerfield by-election that became available following a colleague's resignation, possibly opening the door for him to take on Starmer.
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