Barclays analysts said political uncertainty may push UK government bond yields higher. Keir Starmer stepped down in June and the UK is awaiting a new prime minister; if unchallenged, Andy Burnham is widely expected to succeed him on July 20. Analyst

2026-07-13

Barclays analysts said political uncertainty may push UK government bond yields higher. Keir Starmer stepped down in June and the UK is awaiting a new prime minister; if unchallenged, Andy Burnham is widely expected to succeed him on July 20. Analysts warned the UK’s weak public finances may pose a challenge for the incoming prime minister. Escalating Middle East tensions have lifted global bond yields, with UK gilts rising more than eurozone peers.