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Borrowing costs soar as Burnham eyes 'flexibility' in fiscal rules
Andy Burnham sent borrowing costs soaring on Monday as he vowed to exploit 'any flexibility' in the fiscal rules before naming John Healey Chancellor of the Exchequer.
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economictimes.indiatimes.com
British government bond yields edge higher as Burnham becomes PM
British government bond yields saw a slight increase on Monday. Andy Burnham is set to become the country's seventh Prime Minister in a decade. Investors are anticipating one or…
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axios.com
New U.K. PM Burnham's tightrope: same fiscal rules, no raise for biggest taxes
Burnham's "bold ambition" is his promise to remake Britain's economy, which is constrained by weak growth, high debt and political turmoil.
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cityam.com
Borrowing costs jump after Burnham 'fiscal flexibility' remarks
The government's borrowing costs climbed sharply on Monday afternoon, after Andy Burnham said he planned juice government borrowing
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independent.co.uk
John Healey named as Chancellor as borrowing costs jump to two-month high
The yield on 10-year Government bonds, called gilts, moved eight basis points higher to 5.049% at the end of London trading.
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thisismoney.co.uk
Borrowing costs soar as Burnham eyes 'flexibility' in fiscal rules
Andy Burnham sent borrowing costs soaring on Monday as he vowed to exploit 'any flexibility' in the fiscal rules before naming John Healey Chancellor of the Exchequer.
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Borrowing costs jump to two-month high as Healey named as Chancellor
The yield on 10-year Government bonds, called gilts, moved eight basis points higher to 5.049% at the end of London trading.
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channel4.com
What kind of economy is Burnham inheriting and what will he do with it?
Andy Burnham has been making some big spending promises but the financial markets remain on alert for any signs of how much more he will borrow.
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New PM Andy Burnham sets out first steps to reshape Britain
Andy Burnham begins his premiership by unveiling plans to ease living costs. He aims to improve public finances and end political uncertainty. Measures may include capping bus…
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taipeitimes.com
New British PM Burnham announces tax cut - Taipei Times
New British Prime Minister Andy Burnham announced a tax cut to ease cost-of-living pressures prior to convening his first Cabinet meeting yesterday afternoon.A day after earlier…
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theguardian.com
Where will Andy Burnham find the money to fund his spending pledges?
The new PM is already under pressure to explain how he will pay for his ambitious plans to remake Britain
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How much more will Burnham have to borrow for his policies?
Andy Burnham’s promise to cut VAT from electricity bills came alongside the news that government borrowing in June amounted to £16 billion - nearly bang on target.
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Andy Burnham implores cabinet to examine ‘all possible ways’ to tackle cost of living crisis
As new prime minister briefs cabinet on ‘cost of living government’, critics ask where money will come from