Business

Major UK Borrowing Costs Surge Amid PM Starmer's Uncertainty

BBC Business

UK borrowing costs surge to 5.13% amid uncertainty over PM Sir Keir Starmer's future. What does this mean for the economy? Click to find out.

UK borrowing costs hit 5.13%, mirroring 2008 crisis levels.

FTSE 100 falls over 1% as investors respond to political uncertainty.

Potential new Labour leaders could increase public spending.

30-year bond yields reach highest point since 1998 at 5.81%.

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