UK borrowing costs surge as Starmer leadership crisis rattles bond markets

🇬🇧 Financial Times (GB) —

AI Summary

UK borrowing costs have surged amid a leadership crisis for the Labour Party, raising concerns over the economic stability as bond markets respond to pressures on Prime Minister Keir Starmer's administration. This uncertainty is impacting investor confidence.

30-year gilt yield at highest this century as cabinet ministers pressure prime minister to consider his position

Politics Markets UK economy borrowing costs political crisis bond markets

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