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Gilt yields rise as Starmer resigns
UK government bond yields have started rising this morning following the resignation of Prime Minister Keir Starmer. Speaking outside 10 Downing Street, Starmer said it had become clear that in the eyes of his party, he was no longer the right person for the job, and laid out a timetable for change. A contest will begin next month, with a new Labour leader and prime minister by the time parliament returns in the autumn. [...]