Andy Burnham refuses to explain fiscal rules, insisting he would stick to borrowing limits but declined to say what they are when challenged

Andy Burnham appears to have ditched a planned call with hedge fund managers, billed as an opportunity to cool concerns about his economic approach.

The Greater Manchester mayor appears set to challenge for the Labour leadership

At the time Burnham proposed this extra £40 billion of borrowing, the government was running a deficit of nearly £140 billion a year.

Andy Burnham has hinted at how he would handle tax policy

Burnham has announced that if he becomes prime minister, he will cut business rates for pubs and music venues by 20 per cent in 2027-28.

Andy Burnham refuses to explain fiscal rules, insisting he would stick to borrowing limits but declined to say what they are when challenged