Browsing: UK

Global equity markets were relatively subdued, with the United States (US) markets closed for Memorial Day and the United Kingdom’s (UK) markets closed for a bank holiday, leaving continental European bourses to set the tone.

 UK financial markets are reacting negatively in real time to Prime Minister Keir Starmer’s high-stakes “reset” speech on Monday morning, with gilt yields climbing sharply and Sterling weakening as investors assess the growing political crisis engulfing the government following devastating local election losses.