Revolving

• Hungary has launched an investigation into the subsidies provided to the Chinese electric vehicle manufacturer BYD. • The probe follows concerns over a "revolving door" scenario after a former Hungarian minister, who previously negotiated the subsidies, joined the carmaker. • Transparency International warned that this hiring could expose the Hungarian state to undue corporate pressure from China.

• Keir Starmer has resigned as UK Prime Minister, marking his fall from a landslide election victory and becoming the sixth person to hold the office since 2016. • European media outlets, including Spain's La Vanguardia, are reacting with bemusement, describing the UK's political landscape as a "revolving door." • The situation signifies a major shift in international perception, as Britain's reputation for political stability has been replaced by a sense of chronic instability.

Front pages across the continent reflect on Britain’s political turmoil after Starmer becomes seventh prime minister to quit since 2016Europe live – latest updatesIn Germany, Downing Street was likened to a transit station, given the regular comings and goings of different prime ministers and staff. Meanwhile, a bemused Spanish newspaper concluded No 10 seemed to have been fitted with a revolving door.As news outlets across Europe digested the implications of Keir Starmer’s precipitous fall from landslide election winner to ousted prime minister, many also focused on a wider reality – Britain’s once much vaunted political stability was a thing of the past. Continue reading...