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Bonds in for bumpy ride as Burnham's path back could prolong UK political turmoil

By Frank Prenesti

Date: Friday 15 May 2026

(Sharecast News) - The prospect of a prolonged Labour Party leadership battle saw a spike in bond yields, falling stock markets and a weaker pound on Friday amid fears that a political shift to the left could see looser fiscal policy.
With Prime Minister Keir Starmer's grip on power loosening by...

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