UK’s incoming Prime Minister Andy Burnham said he would consider using “flexibility” within existing UK fiscal rules to fund his next budget. The statement provides a directionally accommodative fiscal approach, but without concrete spending/tax figures, limiting near-term clarity for markets.
UK’s incoming Prime Minister Andy Burnham said he would consider using “flexibility” within existing UK fiscal rules to fund his next budget. The statement provides a directionally accommodative fiscal approach, but without concrete spending/tax figures, limiting near-term clarity for markets.
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