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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.
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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.
