UK Markets Rally as Starmer Supports Reeves Amid Political and Economic Turmoil

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Source: The Guardian
UK Markets Rally as Starmer Supports Reeves Amid Political and Economic Turmoil
Photo: The Guardian
TL;DR Summary

UK bonds recovered after Keir Starmer's endorsement of Rachel Reeves eased investor concerns, while the US economy added 147,000 jobs in June, boosting stock markets and strengthening the dollar. Meanwhile, UK and US trade negotiations and airline disruptions due to strikes also made headlines.

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