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Starmer’s allies are saying getting rid of the PM would be would be a ‘reckless’ and ‘dangerous’ move
UK government borrowing costs ticked higher this morning, as the price of gilts – UK government bonds – slipped in value amid speculation over a leadership challenge to Keir Starmer, PA Media reports. PA says:
Yields on 10-year-gilts, which move counter to the price of the bonds, rose by 3 basis points to 4.42% in early trading. The yield on the longer-term 30-year-gilt also rose by a similar amount.
The rise come after yields had dropped significantly on Tuesday after rising unemployment and falling wage growth prompted predictions of interest rate cuts.
Source: www.theguardian.com
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