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As it happened: UK borrowing costs rattled by Burnham's Parliament bid
Welcome back to the City AM liveblog - for all your top news, updates and analysis from the FTSE 100 and wider market.
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cityam.com
As it happened: Streeting calls on Starmer to quit and City on edge
Welcome back to the City AM liveblog - for your top news, updates and analysis from the FTSE 100 and wider market.
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As it happened: UK borrowing costs rattled by Burnham's Parliament bid
Welcome back to the City AM liveblog - for all your top news, updates and analysis from the FTSE 100 and wider market.
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irishtimes.com
Burnham approved to run in byelection; Pound heading for worst week in 18 months
British government bonds, stocks and sterling fall
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dailymail.com
Burnham spooks markets with pound nosediving amid Starmer challenge
The yield on 30-year UK government bonds surged back up close to 28-year highs and the pound was down as much as 0.4 per cent against the US dollar amid political turmoil.
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cnbc.com
Gilt yields rise as Burnham gears up to challenge Starmer
Shortly after 8:00 a.m. in London, the yield on the benchmark 10-year gilt traded more than 1 basis point higher at 5.114%.
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Burnham return attempt jump-scares UK markets
Bond vigilantes also sold gilts en masse, with UK government bond yields rising due to Andy Burnham's announcement.
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theguardian.com
Pound heads for worst week in 18 months as Burnham lines up Labour bid
UK government borrowing costs jump amid political uncertainty and oil price rise that fuelled inflation worries
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channel4.com
Andy Burnham cleared for by-election – but can he beat Reform?
The markets are apparently less enthusiastic about Andy Burnham running than Labour MPs.
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Fears that Britain cannot afford Burnham as markets take fright
The pound tumbled and the cost of Government debts soared on Friday, with economists predicting the pressure will continue throughout a likely Labour leadership contest.