Andy Burnham alarms investors with call to end UK dependence on foreign lenders

The GuardianThursday, September 25, 2025 at 5:30:38 PM
Andy Burnham alarms investors with call to end UK dependence on foreign lenders
Andy Burnham's recent call to end the UK's reliance on foreign lenders has raised alarms among investors, who warn that this could lead to a new bond market crisis. As a prominent Labour figure and the mayor of Greater Manchester, Burnham's stance is significant, especially amid speculation about his political ambitions in Westminster. This situation matters because it highlights the delicate balance between national financial independence and the stability of the bond market, which is crucial for economic health.
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