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

British Prime Minister Keir Starmer stepped down amid pressure over his handling of the economy, prompting modest moves in UK financial markets. Sterling fell 0.27 percent to about $1.3202, while 10-year gilt yields rose 1 basis point to 4.85 percent. The FTSE 100 held steady, with focus shifting to who becomes the next UK finance minister.