LONDON, Jan 22 (Reuters) - Andrew Gwynne, a former minister in British Prime Minister Keir Starmer's Labour Party, said on Thursday he would step down from parliament. Gwynne is the member of
Andrew Gwynne Resigns from Parliament, Opening Doors for Andy Burnham
Impact of Gwynne's Resignation
LONDON, Jan 22 (Reuters) - Andrew Gwynne, a former minister in British Prime Minister Keir Starmer's Labour Party, said on Thursday he would step down from parliament.
Political Implications
Gwynne is the member of parliament for the constituency of Gorton and Denton in northwest England.
Market Reactions
British government borrowing costs rose briefly and sterling fell earlier on Thursday after reports of Gwynne's expected resignation
His exit could open route back to parliament for Greater Manchester Mayor Andy Burnham, who is considered a challenger to Starmer.
(Reporting by Sam Tabahriti; editing by William James)
