What We're Watching

Starmer storms No. 10 – what’s next?

Keir Starmer Downing Street Leader of the Labour Party Sir Keir Starmer with his wife Lady Victoria Starmer arrives in Downing Street to take the keys to No10 after an audience with King Charles lll as he becomes the UKs Prime Minister after winning yesterdays General Election and taking control after 14 years of Conservative rule.
Keir Starmer Downing Street Leader of the Labour Party Sir Keir Starmer with his wife Lady Victoria Starmer arrives in Downing Street to take the keys to No10 after an audience with King Charles lll as he becomes the UKs Prime Minister after winning yesterdays General Election and taking control after 14 years of Conservative rule.
IMAGO/Martin Dalton via Reuters Connect
On Saturday, newly elected UK PM Keir Starmer convened his first cabinet meeting and later told reporters that “We have a huge amount of work to do, so now we get on with our work.” Starmer appointed 25 ministers, 11 of whom are women, a record for the UK. Another first: Most of the appointees hail from the state education system, unlike the mostly private-educated cabinet of former Conservative PM Rishi Sunak.

Reforming Immigration

In his first press conference, Starmer canceled the Conservatives’ Rwanda deportation plan, denouncing it as a “costly gimmick” that failed to deter migrants. He plans instead to enhance border security and dismantle human smuggling networks. Business Secretary Jonathan Reynolds later ruled out digital ID cards, which former Labour PM Tony Blair had suggested could deter migration.

Fixing Healthcare

Starmer pledged to cut waiting times for hospital treatments by introducing 40,000 more weekly operations, scans and appointments. To do so, Starmer plans to implement more weekend services through the NHS and also turn to the private sector. Funding will come from cracking down on tax avoidance.

Keeping Britain united

On Sunday, Starmer set out to visit each of the four nations of the UK — England, Scotland, Wales, and Northern Ireland. He seeks an “immediate reset” of the relationship between Westminster and devolved nations, particularly in light of the collapse of the Scottish National Party.

Boosting NATO, courting Europe

Starmer’s first foreign trip comes this week with NATO’s 75th anniversary celebration in Washington, DC. In his first press conference, Starmer pledged to maintain Britain’s staunch support for Ukraine and grow UK military spending to 2.5% of GDP. Next up, he’ll host the European Political Community Summit on July 18, giving him a chance to begin mending fences with the EU to bolster trade and economic growth Britain sorely needs.

Bringing back stability


Despite Starmer’s mandate for change, 57% of voters expect him to be “a conventional kind of Prime Minister.” In contrast, in 2019, 52% of voters thought former PM Boris Johnson would be “a completely new type of Prime Minister.” After 14 years of Tory rule, Brexit turmoil, and COVID disruption, it seems that novelty has worn off. We’ll be watching how “Prime Minister Hufflepuff” navigates his first term.

More For You

Mastercard Economic Institute's Outlook 2026 explores the forces redefining global business. Tariffs, technology, and transformation define an adaptive economy for the year ahead. Expect moderate growth amid easing inflation, evolving fiscal policies, and rapid AI adoption, driving productivity. Digital transformation for SMEs and shifts in trade and consumer behavior will shape strategies worldwide. Stay ahead with insights to help navigate complexity and seize emerging opportunities. Learn more here.

Miami Mayor-elect Eileen Higgins points as she thanks her staff and supporters on the night of the general election, on Tuesday, Nov. 4, 2025.
Carl Juste/Miami Herald/TNS/ABACAPRESS.COM

A Democrat won Miami’s mayoral race for the first time in nearly 30 years. The Republican defeat will ring some alarms for the party – and their support among Latino voters.

Women work in the plastic container assembly area inside the El Oso shoe polish factory, located in Mexico City, Mexico, in its new facilities, after officers from the Secretariat of Citizen Security and staff from the Benito Juarez mayor's office arbitrarily and violently remove their supplies, raw materials, machinery, and work tools on January 17 of this year following a coordinated operation stemming from a private dispute. On August 27, 2025.
Photo by Gerardo Vieyra/NurPhoto

50: Mexico’s President Claudia Sheinbaum is taking a page out of US President Donald Trump’s book, implementing up to a 50% tariff on more than 1,400 products in a bid to boost domestic production.