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UK’s new PM Burnham pledges no economic risks, plans cost relief
['Vlad Schepkov', 'Min Read']
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Investing.com -- British Prime Minister Andy Burnham said Monday he would never take risks with the economy and reaffirmed his commitment to follow the previous government's fiscal rules.
Burnham promised to deliver cost of living relief measures while maintaining fiscal discipline.
When asked about increasing borrowing for investment while meeting fiscal targets, Burnham told reporters he would stick to existing fiscal rules and use available flexibility within them.
Burnham told reporters he was finalizing the details of those measures but declined to specify them.
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