Burnham fiscal rules pledge welcomed but 'jury is still out' on PM-in-waiting

Reaction to Burnham’s speech

clock • 3 min read

Andy Burnham’s pledge to adhere to the fiscal rules on borrowing and his devolution plans have been welcomed, but analysts have warned that difficult decisions await him in Number 10.

To continue reading this article...

Join Investment Week today

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Managers warn Burnham will be in hock to the bond market
UK

Managers warn Burnham will be in hock to the bond market

Investment outlook for gilts

clock 14 July 2026 • 6 min read
Burnham to stick with fiscal rules as power set to flow out of Whitehall
UK

Burnham to stick with fiscal rules as power set to flow out of Whitehall

First speech since PM bid

clock 29 June 2026 • 2 min read
BoE in wait-and-see mode on rates with projections 'way below the worst-case scenario'
UK

BoE in wait-and-see mode on rates with projections 'way below the worst-case scenario'

Reaction to rate decision

clock 18 June 2026 • 3 min read
Trustpilot