Reported about 10 hours ago
UK markets showed recovery after Prime Minister Keir Starmer reassured investors about Chancellor Rachel Reeves' position, quelling fears of potential fiscal instability. Starmer's backing came as the government faced challenges maintaining fiscal discipline, particularly in light of recent budget debates. Market reactions included a decline in bond yields and gains in the pound and equity markets, although concerns about future fiscal choices remain due to high debt costs.
Source: YAHOO