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Home Business Economy

UK borrowing costs rise and pound falls as leadership drama continues

May 16, 2026
in Economy
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“Overall, UK politics is a mess, there are already signs that foreign buyers are ditching the gilt market. If there is a major rout in the pound and/or gilts in the coming days, prospective candidates may need to assess whether now was a wise time to make a move against the PM,” she said.



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Tags: borrowingcontinuescostsDramafallsleadershipPoundrise

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