Investors ‘may be less than impressed’ by John Healey’s £9bn borrowing plans

Investors ‘may be less than impressed’ by John Healey’s £9bn borrowing plansHealey's borrowing plans will be closely monitored by the City. (PA Wire)Investors may be “less than impressed” by John Healey’s plans to increase borrowing by £9bn a year to take stakes in assets such as infrastructure, analysts have warned. Technically, this spending could fit within the Starmer-era fiscal rules, as investments in assets can offset costs on the balance sheet. Is there really flex in Labour’s fiscal rules? He predicted that bond investors could demand higher interest payments on long-term bonds as worries over the new government’s fiscal stance bubble up.