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UK markets
UK borrowing costs hit 18-year high amid Starmer uncertainty
Ten-year gilt yields briefly reached 5.13% as investors weighed political uncertainty, higher oil prices and the risk of looser public spending
U.K. politics
Starmer vows to fight on as Labour revolt rattles gilt market
The British prime minister promised a sharper agenda on growth, defence, Europe and energy after local election losses triggered calls from dozens of Labour MPs for him to quit