UK PM Burnham's First PMQs Clashes With Badenoch On Borrowing
· World · BBC News, Al Jazeera
UK Prime Minister Andy Burnham faced his first Prime Minister's Questions in the House of Commons on Wednesday, drawing raucous cheers from Labour benches before trading barbs with Conservative leader Kemi Badenoch over tax and borrowing. Badenoch opened with a joke about the PM's stamina after a marathon three-hour Commons session on Tuesday, but exchanges quickly turned to claims of profligate government spending and the economic legacy of former PM Liz Truss. Burnham pledged fiscal discipline while signalling he would not abandon his promise of a less adversarial style of politics, an approach David Cameron similarly tried and abandoned. Rising UK borrowing costs — a global trend with acute local exposure — are set to constrain the Chancellor's room for manoeuvre ahead of the October budget.
Why it matters
British households and businesses face tighter fiscal headroom going into the October budget, with elevated borrowing costs likely to limit tax cuts or new spending pledges from the new government.
Read the original report — BBC News
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.