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Burnham faces markets crisis at PMQs

Burnham faces markets crisis at PMQs

New British Prime Minister Andy Burnham faces his first PMQs since taking office, with the government under intense pressure over soaring debt costs and a potential Budget crisis.

Reports suggest Burnham may need £14bn in tax hikes to cover rising debt interest payments, with capital gains tax seen as a likely target.

Even allies have criticised his "blustering" Commons debut, while Reform UK leader Nigel Farage was accused of breaking Parliament rules on his first day back.

The government has promised to tackle the economic challenges, with Burnham acknowledging that "Britain is not where any of us would wish it to be."

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Andy Burnham Department of Health, OGL v1.0
Andy Burnham
British politician (born 1970)
Parliament of the United Kingdom
Supreme legislative body of the United Kingdom
Nigel Farage
British right-wing politician (born 1964)
Jim O'Neill
British economist (born 1957)