Sterling, Gilts Recover After U.K. Prime Minister Starmer Resigns

Sterling recovers lost ground and UK borrowing costs slip back on a rollercoaster day in which Sir Keir Starmer quit as PM and Andy Burnham confirmed his bid to replace him

Prime Minister Keir Starmer's resignation has sent ripples through the UK markets, with the pound and government bond prices dipping slightly. This development could see Andy…