The pound has come under pressure as speculation mounts that Sir Keir Starmer is set to imminently announce plans to step down. Sterling dropped 0.3% to 1.319 US dollars in morning trading on Monday and was 0.1% down at 1.152 euro. The pound has already lost around 3% since February as Sir Keir's leadership has come under increasing threat from Labour party challengers. UK Government bonds held steady, with yields largely flat for both 10-year and 30-year gilts, standing at 4.845% and 5.54% respectively. Susannah Streeter, chief investment strategist at the Wealth Club, said investing in UK assets continues to carry a risk premium given the bouts of political instability seen since Brexit, and there is little sign of that easing.