British Prime Minister Burnham Andy Burnham promised that his government would ensure financial stability, but declined to rule out the possibility of further borrowing. At the same time, he tried to blame the previous Conservative government for Britain's high treasury debt. When questioned by the Prime Minister for the first time since taking office, Burnham said on Wednesday: “This is a government based on fiscal responsibility. We will abide by the fiscal rules.” In response to questions from Opposition Leader Kemi Badnoch of the Conservative Party about rising government financing costs due to soaring yields on British Treasury bonds, he said, “The turmoil in the global market is due to the risk exposure they have left behind. The debt-to-GDP ratio has been rising during her administration.”

British Prime Minister Burnham Andy Burnham promised that his government would ensure financial stability, but declined to rule out the possibility of further borrowing. At the same time, he tried to blame the previous Conservative government for Britain's high treasury debt. When questioned by the Prime Minister for the first time since taking office, Burnham said on Wednesday: “This is a government based on fiscal responsibility. We will abide by the fiscal rules.” In response to questions from Opposition Leader Kemi Badnoch of the Conservative Party about rising government financing costs due to soaring yields on British Treasury bonds, he said, “The turmoil in the global market is due to the risk exposure they have left behind. The debt-to-GDP ratio has been rising during her administration.”