Tag

Uk Debt

All articles tagged with #uk debt

Burnham's PMQs Debut Tested by Surging UK Borrowing Costs
politics10 days ago

Burnham's PMQs Debut Tested by Surging UK Borrowing Costs

At his first PMQs, Labour leader Andy Burnham faced Conservative Kemi Badenoch over how his government would fund promised spending as UK government bond yields rose to multi-year highs; Burnham defended tax cuts and fiscal responsibility, said an October Budget would lay out funding plans, and Badenoch pressed him on whether higher taxes, more borrowing, or spending cuts would follow as markets reacted to debt concerns.