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Market Talk: Will a new UK prime minister rattle markets? – Business

visibility comment0 event June 22, 2026 timer 08:30

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The pound held losses and UK gilts were steady after Prime Minister Keir Starmer announced he will step down, as markets assessed whether a new Labour leadership could revive fiscal concerns. Dani Stoilova from BNP Paribas Markets 360 told Reuters that clarity is unlikely before the next budget.

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