The ruling Labour party has a huge majority. It gained power about two years ago, but it has disappointed many people.
Many were expecting them to come in and enact radical powers which would help ordinary people. Instead they have dithered and enacted some policies at odds with Labour traditionally. The winners have been the Reform party which has a right wing agenda. As with Brexit 10 years, people have flocked to Reform, thinking they will return the UK to as it was in the middle of the last century. They think they are listening.
Many have pinned their hopes on Andy Burnham coming back into government and becoming the new Prime Minister. He is the mayor of Manchester and is well liked.
His policies are left wing and if he was elected the bond market and UK pound might suffer.

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