Andy Burnham’s landslide by-election win in Makerfield has cleared a route for Labour’s most crypto-friendly figure to challenge UK Prime Minister Keir Starmer for the party leadership. According to BeInCrypto, the Greater Manchester mayor won the June 18 vote with 54.8%, beating Reform UK by more than 9,200 on turnout near 59%, and is due to be sworn in as an MP this week.
Polymarket traders have wagered more than $11 million on the succession and make Burnham the favorite. Starmer has imposed a moratorium on crypto donations, while Burnham has backed Web3; 10-year gilt yields rose to about 4.8% and sterling weakened.
Andy Burnham By-Election Win Opens Path to Challenge Keir Starmer for Labour Leadership
2026-06-21 17:09:26
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