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The Nexus
POLITICSMay 8 · 15:58 UTCTHE GUARDIAN WORLDGraeme Wearden

UK borrowing costs fall and pound rises as Starmer says he will remain as PM

UK government borrowing costs fell and the pound rose as Keir Starmer vowed to remain as prime minister despite Labour party losses. Investors eased pressure on Starmer's leadership, anticipating smaller losses than predicted. Labour appeared on track for smaller losses in elections.

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