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UK Markets Are Pricing Swing to Leftist PM, Economist Says

Kallum Pickering, chief economist at Peel Hunt, discusses the UK market reaction as Prime Minister Keir Starmer battles to save his premiership. "The danger here, this is a tail risk, is that Starmer could be replaced by someone who is further to the left that attempts to raise taxes, raise borrowing, add more regulation onto the economy," Pickering says on Bloomberg Television. (Source: Bloomberg)