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2026-09-02T18:28:57.000Z

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Burnham seeks to ease bond market fears amid budget sell-off

Burnham seeks to ease bond market fears amid budget sell-off

Andy Burnham assured that the upcoming October budget will adhere to fiscal rules while aiming to reduce living costs. He sought to calm bond markets amid a sell-off and rising borrowing costs, emphasizing decisions based on fiscal responsibility. The government faces challenges balancing spending plans, inflation pressures, and market expectations ahead of the budget announcement.

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