Andy Burnham stands by warning UK should be less ‘in hock’ to bond markets

Burnham stands by claim that UK is ‘in hock’ to bond markets

PM says his comments last year were deliberately misinterpreted by Keir Starmer and his advisers UK politics live – latest updates Andy Burnham has said he still believes the UK is far too exposed to global shocks, defending comments last year where he said the UK should be less “in hock” to the bond markets. He said that the comments had been deliberately misinterpreted by the former prime minister Keir Starmer an…

23 Sept, 14:17

Andy Burnham stands by warning UK should be less ‘in hock’ to bond markets

The Prime Minister expressed concern that Britain is ‘more exposed’ to global shocks than other countries.

23 Sept, 11:53

Burnham’s in hock to the bond markets – whether he likes it or not

Andy Burnham once said this country shouldn’t be in hock to the bond markets, so it was unfortunate that his much-hyped return to the House of Commons yesterday was overshadowed by the surging cost of servicing government debt. The yield on the ten-year gilt has hit its highest level since 2008. The longer term 30 [...]

2 Sept, 04:16

UK borrowing costs spike amid bond market rout - just as Andy Burnham stands by assertion that Britain should be less 'in hock' to bond markets

UK borrowing costs spiked yesterday amid a global bond rout - just as Andy Burnham stood by his notorious assertion that Britain should be less 'in hock' to bond markets.

24 Sept, 09:22