FTSE 100 Live: Stocks to open flat as Burnham becomes PM; City awaits new Chancellor

Welcome back to the City AM liveblog. It’s Monday and all eyes are on 10 Downing Street. Sir Keir Starmer will visit King Charles to formally resign as Prime Minister. Andy Burnham will then officially become his successor and deliver his first speech as Prime Minister. The market, which has long been trying to size…