Borrowing costs jump after Burnham ‘fiscal flexibility’ remarks

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The government’s borrowing costs climbed sharply on Monday afternoon after Andy Burnham said he planned to juice government borrowing by taking advantage of “flexibility” in the current fiscal rules.

The new Prime Minister told reporters that his administration would use all potential room within the self-imposed spending straitjacket, which he had promised not to loosen https://www.cityam.com/borrowing-costs-jump-after-burnham-fiscal-flexibility-remarks/">[...]