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Why Britain’s potential next PM is putting investors on edge
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- LONDON — U.K. gilts and sterling have come under increasing pressure, amid fears a new left-leaning prime minister will challenge the country's fiscal discipline and take up a confrontational stance towards bond markets.
- Investors on Friday were reacting as hurdles were cleared for a challenge to Keir Starmer's premiership from Labour Party rival Andy Burnham, with selling pressure intensifying.
Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
LONDON — U.K. gilts and sterling have come under increasing pressure, amid fears a new left-leaning prime minister will challenge the country's fiscal discipline and take up a confrontational stance towards bond markets.
Investors on Friday were reacting as hurdles were cleared for a challenge to Keir Starmer's premiership from Labour Party rival Andy Burnham, with selling pressure intensifying.
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