Andy Burnham's increasing list of spending pledges could "cost up to £63billion", new analysis has revealed. The pledges, which include spending on defence, council house building and social care, could cost the country between £46billion and £63billion by 2030. John Healey, Mr Burnham's new Chancellor, could be left in a precarious position, with the bond markets nearing the limit of additional borrowing they can "tolerate". Yesterday, the new Prime Minister pledged to reform "neglected" social care, which is estimated to cost the Government an additional £18billion. However, Mr Burnham has claimed there is "flexibility" in the fiscal rules which would allow him to increase revenues for investment.