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.

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…

After taking power, Andy Burnham purged Keir Starmer’s loyalists from cabinet and rewarded his left-wing backers, as the pound slipped and gilt yields rose.