UK Stock Market Today: FTSE 100 Rises as GDP Surprise Offsets Starmer Turmoil
The FTSE 100 closed up 0.5% at 10,372.93 and the FTSE 250 rose 1.3% to 22,828.07 after UK GDP grew 0.6% in Q1, beating forecasts. Sterling slipped 0.1% and 10-year gilt yields hovered near 5.02% as political uncertainty grew following Health Minister Wes Streeting’s resignation and doubts over Prime Minister Keir Starmer’s future. Prediction markets put Andy Burnham at 47% to become the next UK prime minister in 2026.