Pound under pressure as Sir Keir Starmer resignation speculation grows (opens original article in a new tab)

The pound fell as speculation grew about Sir Keir Starmer's potential resignation, with political instability affecting financial markets.

• The pound dropped 0.3% against the dollar and 0.1% against the euro.
• Sir Keir Starmer faces leadership challenges as Andy Burnham prepares to return to Westminster.
• Financial markets showed cautious behavior with the FTSE 100 down slightly and gilt yields remaining stable.