20-07-2026 20:37 via ft.com

Gilts under pressure as investors brace for higher spending under new PM

Andy Burnham said he will ‘use any flexibility’ within the fiscal rules
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Finance news



Half of England declared in drought after heatwaves
Burnham opens door to tax rises to pay for social care overhaul
TfL demands £1bn from carmakers over allegedly unpaid Ulez charges
Do Britons pay a lot of tax?
Higher inflation to cut value of UK public spending by £24bn, think-tank says
Burnham wants partnership with private sector, says UK business secretary
We need an OBR for infrastructure
A truly progressive VAT would solve a lot of UK tax problems
Bank of England to raise rates this year if energy prices stay high
UK restaurants rush to install air conditioning
Scottish data centre boom spurs backlash
Don’t underestimate the economic power of a UK vibe shift
Burnham looks to cut welfare bill by linking up schools and employers
Burnham aims to cut welfare bill by getting young people into work
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