Starmer’s Firm Backing Stabilizes UK Markets After Reeves Exit Scare
Starmer’s Firm Backing Stabilizes UK Markets After Reeves Exit Scare UK markets have rebounded sharply following Prime Minister Keir Starmer’s decisive efforts to quash speculation regarding a potential exit by Chancellor of the Exchequer Rachel Reeves. The move comes after a significant selloff triggered by investor concerns that a change in the chancellorship could lead to increased government borrowing. Both bond and equity markets have recovered some of the losses incurred during the recent slump. Late Wednesday, Prime Minister Starmer…