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.
The resignation of UK Prime Minister Keir Starmer has triggered the pound to fall and gilt yields to climb as financial markets’ concerns about an Andy Burnham leadership grow, warns the CEO of one of the world’s largest independent financial advisory organisations.