23 Hrs
Source:
The Guardian
Burnham attributes UK economy issues to Tory legacy
Andy Burnham, in his first Prime Minister’s Questions, blamed the Conservative legacy for the UK's economic vulnerability to market turmoil, with borrowing costs rising and market uncertainty fueled by concerns over fiscal discipline and spending. Although he indicated his government had cut taxes initially, he did not rule out future tax increases in the upcoming budget. Market reactions, including a rise in government bond yields, reflected investor concerns over fiscal policy and recent political decisions.
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