UK gilt yields are up today as Labour MPs consider whether to push Starmer out of No10:
Yields are running at roughly double the increase rates of Eurozone and US Treasury bonds. Manchesterism looms…
Starmer loyalist and Housing Secretary Steve Reed told Sky News that Starmer should not be replaced:
“We saw what the Tories did. They were in power for 14 years, and after 2016, I think we had nine education secretaries, seven chancellors, and five Prime Ministers. Doomscrolling through Prime Ministers doesn’t resolve the problem.”