UK Prime Minister Keir Starmer’s potential resignation weighs on Pound
The British Pound is under pressure due to rising uncertainty over UK Prime Minister Keir Starmer’s leadership.
A potential change in leadership could lead to a less fiscally conservative government, which may unsettle British government bonds and put further pressure on the Pound.
The current focus is on the potential views of Starmer’s successors, with the goal of balancing the budget likely to falter if a less fiscally conservative candidate takes over.