British markets have been pricing in Burnham’s return for some time. The reality this morning is causing further ructions, though…
The bond markets:
Yields are set for their biggest weekly jump in two months. The UK is underperforming compared to European neighbours. The pound is also approaching its worst week against the dollar since Trump’s election in November 2024…
The silhouette of Andy Burnham looms above the corridors of Westminster. As Burnhamite MP Paula Barker said: “the markets will have to fall in line”…
Paula Barker, Liverpool Wavertree MP backing Andy Burnham, told Times Radio there wouldn’t be trouble from the markets under Burnham:
“The markets will have to fall in line.”