[MARKET UPDATE] Sterling continues to climb, Cable at a fresh session high, after UK PM Starmer says he will not resign
Newsquawk Staff ·
Sterling continues to climb, Cable at a fresh session high, after UK PM Starmer says he will not resign.
What it means
The statement from UK PM Starmer indicating he will not resign has provided stability to Sterling, driving Cable to a fresh session high. This reflects a positive sentiment in the market regarding political stability, which could influence investor confidence in the UK economy moving forward.
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