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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: Britain's bond market poses early fiscal test for Andy Burnham

Britain's government bond market is emerging as one of the biggest challenges facing Andy Burnham, widely viewed as the country's likely next prime minister.

Investors are expected to closely scrutinise his fiscal plans amid persistent concerns over public finances. According to Reuters, Burnham is already seeking to reassure financial markets by committing to maintain the government's existing fiscal rules, even as pressure mounts to increase spending on key priorities such as defence.

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