Burnham stands by 'in hock' bond-market warning

Prime Minister Andy Burnham stood by his warning that Britain is too 'in hock' to bond markets — investors who lend to the government — leaving it vulnerable to global shocks. He called criticism from former prime minister Keir Starmer and then-chancellor Rachel Reeves unfair and deliberately misinterpreted, saying he wants a resilient economy and leaner state, not higher borrowing.