Muted Pound Reaction Shows Uncertainty in Starmer Speculation

Speculation over the future of Prime Minister Keir Starmer is adding to pressure on the pound and gilts, but the market reaction is relatively muted in context, with monetary policy...

By Bloomberg Markets · Bloomberg Markets

Speculation over the future of Prime Minister Keir Starmer is adding to pressure on the pound and gilts, but the market reaction is relatively muted in context, with monetary policy divergence with the EU also playing a part. Morwenna Coniam speaks to Bloomberg's Opening Trade anchors about the lack of clarity and what it means for UK assets. (Source: Bloomberg)