Bloomberg
US · 1 hrs ago
✦ 65◉ Centre
Pound and Gilts Under Pressure Amid Starmer Uncertainty
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Credibility 65/100
Partisan intensity 45/100
ObjectivePartisan
◉ Centre ⚠ Misleading headline
The British pound has weakened significantly against the US dollar and gilt yields have risen amid speculation about political pressure on Prime Minister Keir Starmer, with reports suggesting Labour politician Andy Burnham could challenge his leadership.
Pound and Gilts Under Pressure Amid Starmer Uncertainty
The British pound is heading for its worst week since 2024 against the US dollar and gilt yields surged as the pressure on UK Prime Minister Keir Starmer keeps building. Labour's Andy Burnham could try to get back to Westminster and make a run at Starmer. Bloomberg's Lizzy Burden has the latest from 10 Downing Street on "Bloomberg Brief." (Source: Bloomberg)
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