Is Rachel Reeves being squeezed out by the left?

[vladi]

UK government bond yields surged to multi-decade highs today, and sterling slid sharply, as political uncertainty and fiscal concerns unsettled markets.

The 30-year gilt yield jumped to 5.71%, its highest level in 27 years. Brokers said that investors were uneasy about the rising costs of servicing.

Markets  fear chancellor Rachel Reeves was being "managed out," recalling that yields spiked when her position was last seen as under threat in July.

Edited 3 hours ago by vladi
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