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UK borrowing costs jump as uncertainty over PM's future continues

BBC News·May 12, 2026
UK borrowing costs jump as uncertainty over PM's future continues

UK borrowing costs have increased due to uncertainty surrounding the prime minister's future. The possibility of a change in leadership has unsettled investors, leading to higher bond yields. This uncertainty is affecting investor confidence, causing them to demand higher returns on UK debt. As a result, the cost of borrowing for the UK government has risen.

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