UK Prime Minister Burnham reiterated his pre‑campaign claim that the UK is "overexposed" to global bond markets and should not be "held hostage" by them. The comment, which previously unnerved investors, has raised concern that the new government could pursue looser fiscal policy. Burnham said he has pledged fiscal discipline to calm markets but still stands by his earlier view. "The view on bond markets still holds — I mean, the country has left itself overexposed," he said, adding he favours a

UK Prime Minister Burnham reiterated his pre‑campaign claim that the UK is "overexposed" to global bond markets and should not be "held hostage" by them. The comment, which previously unnerved investors, has raised concern that the new government could pursue looser fiscal policy. Burnham said he has pledged fiscal discipline to calm markets but still stands by his earlier view. "The view on bond markets still holds — I mean, the country has left itself overexposed," he said, adding he favours a "leaner, more efficient government."