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Pound Lower, Gilts Steady as UK Prime Minister Starmer Resigns (opens original article in a new tab)

TL;DR

Pound held losses and gilts traded steady after UK Prime Minister Keir Starmer announced his resignation, with traders assessing potential impacts on the UK's fiscal outlook.

  • UK Prime Minister Keir Starmer announced resignation
  • Pound held losses after resignation announcement
  • Gilts traded steady following the event

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