UK Bond Yields Spike Amid Market Rout - as PM Stands by Comments

UK bond yields spike amid market rout - as PM stands by comments

UK borrowing costs spiked yesterday amid a global bond rout - just as Andy Burnham stood by his notorious assertion that Britain should be less 'in hock' to bond markets.

Burnham Stands by Comments That UK Is in Hock to Bond Markets

Prime Minister Andy Burnham said the UK has left itself “overexposed” to global bond markets as he defended controversial comments made last year that alarmed investors.

Andy Burnham stands by warning UK should be less ‘in hock’ to bond markets

The Prime Minister expressed concern that Britain is ‘more exposed’ to global shocks than other countries.

Burnham stands by claim UK is ‘in hock’ to bond markets

PM says his comments last year were deliberately misinterpreted by Keir Starmer and his advisers * UK politics live – latest updates Andy Burnham has said he still believes the UK is far too exposed to global shocks, defending comments last year when he said the UK should be less “in hock” to the bond…