Gilts and Sterling Slide on Prospect of Burnham Challenge to the PM
Markets react to Burnham; British Gas hit by Ofgem penalties
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Morning, I’m Louise Moon from Bloomberg UK’s breaking news team, bringing you up to speed on today’s top business stories.
Bond markets have spoken about the prospect of Andy Burnham challenging Keir Starmer’s leadership. The Manchester mayor may be one of Labour’s most popular politicians, but the Square Mile is less enthused.