Sir Keir Starmer
Prime Minister
Sir Keir Starmer
Prime Minister
Sir Keir Starmer, born on September 2, 1962, in London, is the current Prime Minister of the United Kingdom and leader of the Labour Party. Raised in Surrey, he attended Reigate Grammar School and later earned a first-class law degree from the University of Leeds, followed by postgraduate studies at the University of Oxford.
UK Borrowing Costs Soar Amid Trump's Tariffs Carnage: Labour Sticks to Fiscal Rules
- Wednesday, 09 April 2025
Keir Starmer vowed that Labour would stick to its fiscal rules despite long-term UK borrowing costs reaching their highest level since 1998. The yield on a 30-year gilt rose to 5.518% amid global financial market carnage caused by US President Donald Trump’s tariffs, including a 104% levy on Chinese imports and 10% on UK goods. This led to a slump in the FTSE 100 index, which fell as far as 3.6% before paring back losses, finishing down 2.92% at a 13-month low of 7,679.48.
