Article 78K1Y Burnham stands by claim that UK is ‘in hock’ to bond markets

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

by
Jessica Elgot Deputy political editor
from World news | The Guardian on (#78K1Y)

PM says his comments last year were deliberately misinterpreted by Keir Starmer and his advisers

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 and his advisers and said that his aim was not more borrowing and spending but a far more resilient economy.

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