Menu

Post image 1
Post image 2
1 / 2
0

UK bond vigilantes circle gilts as election losses hit PM Starmer

CNBC·Chloe Taylor·26 days ago
#ELSBM9CX
Reading 0:00
15s threshold

British Prime Minister Keir Starmer gives an update on the situation in the Middle East at Downing Street Briefing Room, in London, Britain, March 05, 2026. Jaimi Joy | Via Reuters Early results from local council elections pointed to big losses for the U.K.'s ruling Labour Party on Friday, raising questions about Keir Starmer's future as prime minister. Vote counts pointed to hundreds of Labour councilors losing their seats and the leadership of many local councils changing hands. The predicted result will not affect the composition of parliament in Westminster or change who is in government, but reflects souring sentiment on Starmer's leadership among the electorate. Labour and its main opposition party, the Conservatives, are widely expected to suffer heavy losses, while right-wing Reform UK and the left-wing Green party are anticipated to make major gains.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More