Capital Economics: UK fiscal pressures may trouble any new leader

```htmlGolden Ten Data reported on June 22 that economist Thomas Matthews from Capital Economics stated in a report that whoever becomes the next leader of the UK is likely to face the same fiscal pressures currently experienced by the country. The latest public finance data show that the UK's public sector net borrowing in May has exceeded the forecast of the Office for Budget Responsibility. According to media reports, the current leader Keir Starmer is expected to resign on Monday, and the UK may usher in a new prime minister. Matthews said: "The government has little room to increase spending without triggering a rebound in the bond market."```