Can Keir Starmer still effectively lead Labour Party?

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Labour Party has suffered major losses in local elections across 136 councils in England, 129 seats in Scotland, and 96 in Wales. Reform UK made the biggest gains, with Greens and Liberal Democrats also benefiting from declining faith in Labour. Prominent figures like John McDonnell call for leadership change to be on the agenda, while UK borrowing costs hit multi-decade highs.