UK borrowing costs rise and pound falls as leadership drama continues

“Overall, UK politics is a mess, there are already signs that foreign buyers are ditching the gilt market. If there is a major rout in the pound and/or gilts in the coming days, prospective candidates may need to assess whether now was a wise time to make a move against the PM,” she said.
Published at Fri, 15 May 2026 09:01:31 +0000