UK Bond Yields Spike Amid Market Rout - as PM Stands by Comments
Burnham said high borrowing has left the UK over-exposed to global shocks as gilt yields hit their highest level since 2007, officials said.
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A few years after Brexit, it becomes clear that Britain, outside the EU debt club, will not evade the spiral of debt. On this side and beyond the English Channel, the policy shows that there is no willingness or competence to reclaim fiscal policy.
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dailymail.comUK bond yields spike amid market rout - as PM stands by comments
UK borrowing costs spiked yesterday amid a global bond rout - just as Andy Burnham stood by his notorious assertion that Britain should be less 'in hock' to bond markets.
Burnham stands by claim UK is ‘in hock’ to bond markets
PM says his comments last year were deliberately misinterpreted by Keir Starmer and his advisers * UK politics live – latest updates Andy Burnham has said he still believes the UK is far too exposed to global shocks, defending comments last year when he said the UK should be less “in hock” to the bond…
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