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Andy Burnham delivered his first speech since becoming the new UK prime minister, pledging to end the nation's political instability with a new economic model. Burnham spoke outside No. 10 Downing Street after being invited by King Charles III to form a new government.

The US conducted a ninth straight day of airstrikes on Iran, bombing military targets and communications networks trying to force the Islamic Republic to stop shipping attacks and reopen the Strait of Hormuz. Iran continued to attack US bases in the likes of Kuwait, Jordan, Bahrain and Iraq. Tyler Kendall reports on Bloomberg Television.

Andy Burnham delivered his first speech after becoming the new UK prime minister on Monday. Speaking outside No. 10 Downing Street, Burnham said he has accepted King Charles III's invitation to form a government. "It requires my generation of politicians to raise our game and rise to the new challenge," he said.

UK Prime Minister Andy Burnham, speaking in Downing Street moments after being invited to form a government by King Charles III, says that he intends to bring about the biggest changes in 40 years. "We will make this moment a circuit-breaker for Britain," he says in a televised address.

UK Prime Minister Keir Starmer, in his last speech before stepping down, said he is closing the book on his time as premier. "My work is done," he added, standing outside No. 10 Downing Street.

Bloomberg Opinion's Adrian Wooldridge and UK in a Changing Europe Director Anand Menon discuss the challenges facing Andy Burnham as the UK's next prime minister. "I think the key thing for Andy Burnham is to focus on a few key domestic priorities," Menon tells Bloomberg Television.

Boeing Co. Chief Executive Officer Kelly Ortberg discusses plans to ramp up production, demand and the outlook for artificial intelligence and robotics in aircraft manufacturing. Ortberg talks with Bloomberg's Guy Johnson at the Farnborough Airshow.

Paul Jackson, strategist at Invesco Asset Management, discusses the outlook for technology stocks and why he remains overweight China. "I think it's still one of the few markets out there, of the big markets, that is good value, that is cheap," Jackson tells Bloomberg Television.

Andy Burnham is set to become the UK's seventh prime minister in just over a decade on Monday with a number of outstanding questions about who will be in his cabinet and the policy direction he will pursue. In an address from Downing Street, the incoming premier will pledge to deliver tangible improvements in people's lives, while stressing that his rise to high office is a moment for "reflection and resolution," according to advance remarks sent by his office. He will set out his domestic priorities, and conclude on a "message of optimism" saying Britain can look to the future with "hope and unity." Nina Skero, CEO at the Centre for Economic & Business Research joins Stephen Carroll and Caroline Hepker on Bloomberg Radio to discuss.

Anchorpoint, backed by Standard Chartered, is reportedly preparing to launch a Hong Kong dollar stablecoin called HKDAP.

Banks across the region report their 2Q results this week. Geopolitical risk and oil prices are reshaping the GCC's investment and banking outlook, with Bloomberg Intelligence saying the Iran war is likely to weigh on FDI into next year. Sam Gidoomal, Managing Director & Middle East Head of Financial Services at Alvarez & Marsal spoke to Bloomberg's Jennifer Zabasajja on Horizons Middle East and Africa on the likelihood of the US-Iran war having an impact on these earnings.

Fighting intensified between US & Iran for a ninth straight day with the death of a third US troop in two days. Tehran says it will no longer adhere to the terms of the peace deal, while President Trump says the conflict is about ending Iran's nuclear ambitions. Niamh McBurney, Director at Control Risks told Bloomberg's Jennifer Zabasajja on Horizons Middle East and Africa, President Trump is still open for negotiations.