UK bonds under pressure, and pound falls, amid ‘political uncertainty’ over Starmer’s future – business live

Rolling coverage of the latest economic and financial news Starmer on the brink as cabinet ministers urge him to quit Investment bank Jefferies ’ ‘base case scenario’ is that there is ‘a managed exit’ for Keir Starmer. Jefferies economist Mohit Kumar told clients this morning that any replacement would likely be left leaning and be negative for the pound, and longer-dated government bonds. Continue reading...

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