Friday 19 June 2026 6:56 am

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Friday 19 June 2026 7:04 am

Andy Burnham celebrated a decisive by-election win

Good morning from the City AM liveblog team.Andy Burnham has secured his place in the House of Commons after a decisive by-election win in Makerfield overnight, with 54.8 per cent of the vote, well ahead of Reform’s 34.5 per cent.Top of Burnham’s to-do list is triggering a leadership challenge inside the Labour party, making Keir Starmer’s future in Downing Street look increasingly limited.The pound edged lower against the dollar overnight falling around 0.3 per cent to below $1.32, while stocks look set to fall. Gilt markets will give their verdict on the prospect of a Burnham premiership when they open at 8am.We’ll bring you all the latest political and market reaction throughout the day.Here’s a summary of some of our top business headlines from yesterday: