Gilt yields climb once again as King's Speech fails to calm market nerves

Starmer battles to save leadership

Michael Nelson
clock • 1 min read
The King warned the UK was working within 'a dangerous and volatile' world, highlighting the conflict in the Middle East as the latest example of this. Copyright: House of Lords 2024
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The King warned the UK was working within 'a dangerous and volatile' world, highlighting the conflict in the Middle East as the latest example of this. Copyright: House of Lords 2024

Yields on UK long-term gilts have risen following the King's Speech to parliament today (13 May), amid continued intrigue over the fate of current Prime Minister Keir Starmer.

In his speech, King Charles warned the UK was working within "a dangerous and volatile" world, highlighting the conflict in the Middle East as the latest example of this. As such, the speech was...

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