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Pound falls as Burnham’s rise sparks investor concern over UK fiscal rules

LONDON, June 22 — The pound eased on Monday, as speculation mounted that Prime Minister Keir Starmer could set out a timetable for his departure imminently, paving the ‌way...

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Pound falls as Burnham’s rise sparks investor concern over UK fiscal rules

Andy Burnham's by-election victory fuels speculation of Keir Starmer's imminent departure; sterling fell 3% since February as investors doubt fiscal policy direction under more left-leaning leadership. With gilt yields at 4.85% (G7's highest), investor concern over Burnham's fiscal discipline is driving portfolio hedges and reduced long-end exposure.

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venerdì 19 giugno 2026·thisismoney.co.uk
Bond markets wait for Burnham to make his move against Starmer
If elected, the Greater Manchester Mayor will likely drag the Government further to the left, increasing taxes and spending, and therefore borrowing.
venerdì 19 giugno 2026·morningstar.com
U.K. Government Bond Yields Rise as Burnham Looks Set to Challenge Starmer's Leadership
By Miriam Mukuru and Renae Dyer

Pound falls as Burnham’s rise sparks investor concern over UK fiscal rules

Confronto fonti

Pound falls as Burnham’s rise sparks investor concern over UK fiscal rules

Timeline cronologica

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