Britain was brutally pummelled by the markets today as Labour chaos looks set to sweep away Keir Starmer.
The UK’s borrowing costs surged to 28-year highs with traders taking fright at the prospect of a lurch to the Left, heaping pressure on the public finances.
The Pound also weakened against the US dollar and euro, while the blue-chip FTSE 100 dropped.
Just two years after they came to power boasting of a new era of stability, a Labour civil war is gearing up as the PM’s grip falters in the wake of the local elections.
Factions are wrestling over the timetable for appointing
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