‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again

Keir Starmer's leadership is under threat, and investors are warning that a Labour leadership contest ignoring public finances could lead to a bond market meltdown, similar to the 'Liz Truss moment'. This has caused a sharp sell-off in the UK government debt market. Britain may see its sixth prime minister in seven years.