Thursday, February 5, 2026 at 1:22 PM
The article discusses rising borrowing costs in the U.K. amid growing concerns over Prime Minister Keir Starmer's handling of the Peter Mandelson scandal, which has led to pressure within his party and potential leadership challenges.
Pressure has mounted on the government over the appointment of Peter Mandelson, former British ambassador to Washington.
British Prime Minister Keir Starmer urged the U.K.’s former Ambassador to the U.S. Peter Mandelson and former Prince Andrew to cooperate with U.S. authorities.
The rise in yields reflects worries that a successor to Starmer would be tempted to spend more heavily on public services, pushing government debt higher.
Keir Starmer—already trailing in the polls —faces questions over his decision to appoint an old Epstein friend as ambassador to the U.S.
