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Britain's pound, gilt prices hold lower after Starmer steps down

Prime Minister Keir Starmer's resignation has led to a decline in the UK's pound and gilt prices, indicating instability in the financial markets. This shift in leadership could pave the way for Andy Burnham to assume a more influential role, potentially altering economic policies. Investors are particularly focused on the appointment of the next finance minister, as the previous minister had worked to maintain fiscal stability amidst market uncertainties.