"Successor" welcomes tough challenge: Stammer resigns leaving "economic pit", PMI contraction adds more gloom

According to the Wise Finance APP, British Prime Minister Keir Starmer announced his resignation on Monday, with a series of strategic mistakes during his tenure enough to fill a thick book. However, the root cause of most mistakes lies in a misjudgment: believing that the British economy, heavily damaged by the Ukraine war in 2023, is about to experience a significant rebound, thus balancing high-speed growth with easy fiscal restructuring. Currently, investors are waiting for further news on the successor to British Prime Minister Keir Starmer, and on Tuesday, the pound slightly fell against the strengthening dollar. At the same time, the Purchasing Managers' Index (PMI) shows that business activity in the UK contracted this month.