UK bonds under pressure, and pound falls, amid ‘political uncertainty’ over Starmer’s future – business live

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May 12, 2026 - 07:17
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UK bonds under pressure, and pound falls, amid ‘political uncertainty’ over Starmer’s future – business live

Rolling coverage of the latest economic and financial news


The City financial markets have lifted their forecasts for UK interest rate rises this year.

The money markets are now pricing in 68 basis points (0.68 of a percentage point) of interest rate increases from the Bank of England by December. Continue reading...

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