UK Stock Market: FTSE 100 Climbs on Banks Boost - Stock Markets Contemplate Amid PM Keir Starmer's Resignation
India, June 23 -- The UK's benchmark FTSE 100 index closed 0.73% higher at 10,439 points on Monday, 22 June 2026, rebounding from initial dips as heavyweight banking stocks triggered a minor relief rally following Prime Minister Keir Starmer's resignation announcement.
Here's everything you need to know about the UK Stock Market, FTSE 100, and more.
UK Stock Market FTSE 100: Political Resignation Shakes Westminster
Prime Minister Keir Starmer announced his departure less than two years after a landslide 2024 victory, following months of internal party division and poor local election results.
He will remain caretaker PM while the Labour Party runs a leadership contest opening on 9 July, aiming for a new leader by September 2026.
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