The US Dollar climbed on Tuesday to its strongest level in over a year, as markets increasingly bet on a more hawkish Federal Reserve, even as oil prices edged down amid easing tensions in the Gulf.
Andy Burnham, the favourite to succeed Keir Starmer as prime minister, has long argued that Britain places too much of the tax burden on work and too little on wealth.
The British Pound and government bond prices remained under pressure on Monday following Prime Minister Keir Starmer’s resignation, which could open the door for rival Andy Burnham to become the country’s seventh leader in a decade.
