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Evening Standard
Evening Standard
Business
Sophie Wingate

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

Prime Minister Andy Burnham warned that the UK is ‘over-exposed’ to global volatility (Jonathan Brady/PA) - (PA Wire)

Andy Burnham has stood by his warning that Britain should be less “in hock” to the bond markets, saying the country’s high level of borrowing has left it “over-exposed” to global shocks.

The Prime Minister also accused his predecessor Sir Keir Starmer’s team of taking his original remark out of context in an attempt to fend off his challenge to the then-Labour leader’s authority.

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