BackUK borrowing costs fall and pound rises after Starmer says he will stay as PM

NACHRICHT

Guardian Business08.05.2026BusinessUnited Kingdom

UK borrowing costs fall and pound rises after Starmer says he will stay as PM

Schriftgröße

Bond yields drop as market fears ease that Labour leader will be replaced by a more leftwing rival Elections 2026 – live updatesBusiness live – latest updatesUK government borrowing costs fell and the pound rose on Friday as Keir Starmer vowed to remain as prime minister despite the Labour party losing hundreds of council seats across England.Investors calculated that some of the intense pressure on Starmer’s leadership had eased, as Labour appeared on track for smaller losses than election experts had predicted. Continue reading...

Continue reading on Guardian Business

This article was originally published by Guardian Business.

Ähnliche Meldungen

In Entwicklung·58 dk önce

Tesco's Global Ambitions Fizzle: A Retreat to Domestic Dominance

Tesco, once poised for global retail dominance, has largely retreated from international markets, selling off operations in Asia and the US. The company is now exploring the sale of its Central European division, focusing instead on strengthening its UK market share and shareholder returns.

Guardian Business

In Entwicklung·38 dk önce

Tesco's Global Ambitions Fizzle: A Return to UK Dominance

Tesco, once poised for global retail dominance, is now divesting its international operations, focusing on its strong UK market share. The company's ambitious expansion plans faltered due to costly failures like Fresh & Easy, accounting scandals, and strong competition from German discounters.

Guardian Business

In Entwicklung·3 sa önce

UK Business Secretary Tells Pension Funds to 'Get Off Their High Horses' and Invest in Britain

UK Business Secretary Peter Kyle urged pension funds to increase investment in British companies, threatening legal mandates if voluntary efforts fail. He expressed frustration with the lack of domestic investment despite government initiatives and reforms, emphasizing a "patriotic duty" for asset managers.

Guardian UK

In Entwicklung·6 sa önce

Volkswagen Faces Major Test Over Job Cuts and Factory Closures

Volkswagen's supervisory board will review drastic proposals to cut up to 100,000 jobs and close German factories. Unions have organized protests across 18 sites, warning against placing the burden on the workforce.

Guardian Business

In Entwicklung·9 sa önce

Marks & Spencer to Showcase at London Fashion Week

Marks & Spencer is set to make its debut at London Fashion Week this autumn, celebrating its 100th anniversary in fashion. The British retailer aims to showcase its designs on a global stage and attract a younger demographic with trend-driven collections.

Guardian Business

In Entwicklung·9 sa önce

Marks & Spencer to Showcase at London Fashion Week

Marks & Spencer is joining London Fashion Week this autumn to mark its 100th anniversary in fashion. CEO Stuart Machin aims to transform the retailer into a fashion destination, showcasing designs on a global stage and appealing to younger demographics with trend-driven collections.

Guardian Business