British Prime Minister Keir Starmer is under pressure due to rising bond yields and the scandal involving Deputy Prime Minister Rayner.
Delia Niculescu
International
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The government led by Keir Starmer is going through a complicated week, with investors and the opposition exerting pressure due to economic uncertainties. 30-year bond yields have reached historic highs, affecting the pound sterling and complicating budget planning. Deputy Prime Minister Angela Rayner is facing calls for resignation following the scandal related to reduced taxes on a second property, while Finance Minister Rachel Reeves must manage a 4.8% GDP deficit. Persistent inflation complicates the decisions of the Bank of England, leaving the government in a precarious situation.
Sources
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