General · 13 May 2026
Pound falls as Starmer faces fresh pressure
Borrowing costs and currency markets stayed unsettled as investors watched political tension in Britain. Sterling slipped 0.2% against the US dollar on Wednesday while Prime Minister Keir Starmer rejected demands to quit and said he’d continue with planned reforms. Traders remain divided over whether the Bank of England will change interest rates at its 18 June meeting.
Reported by Reuters · How we write briefs