Garfield Reynolds

He's got that human touch that we need in our leaders.

I think he's got the ability to unite the party.

And he's shown in Makerfield, actually, he can corral the progressive votes around him in a way that we haven't been able to succeed in recent times.

So I think he's got all the qualities we need to have an excellent prime minister.

In the Asian day, there's probably going to be a reluctance to take on too much risk.

Either way, a lot depends on how smooth the transition is seen to be and also whether or not Mr Burnham or some of his associates make noises that are going to alarm the UK bond markets.

So many ways for the UK change in leader, what matters most is not so much what the currency markets think, but what the bond markets think.

In the Asian day, there's probably going to be a reluctance to take on too much risk.

Either way, a lot depends on how smooth the transition is seen to be and also whether or not Mr Burnham or some of his associates make noises that are going to alarm the UK bond markets.

So in many ways, for the UK change in leader, what matters most is not so much what the currency markets think, but what the bond markets think.