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Starmer’s Rival Burnham Opens Path to a Challenge, Hitting Gilts

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Starmer’s Rival Burnham Opens Path to a Challenge, Hitting Gilts

UK government bond yields jumped Friday morning as one of Keir Starmer’s top rivals, Andy Burnham, prepared to run for parliament — a process necessary for him to potentially topple the Prime Minister.

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Send a tip to our reporters Site feedback: Take our Survey New Window Facebook X LinkedIn Email Link Gift By Ellen Milligan and Alex Wickham May 14, 2026 at 4:14 PM UTC Updated on May 15, 2026 at 7:24 AM UTC Bookmark Save UK government bond yields jumped Friday morning as one of Keir Starmer ’s top rivals, Andy Burnham , prepared to run for parliament — a process necessary for him to potentially topple the Prime Minister.

Gilts slumped at the open, sending the 10-year yield 11 basis points higher to 5.10%. Bonds globally are also selling off on higher oil prices, which is fanning inflation concerns.

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