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Burnham talks of radical change, but Treasury mood music says otherwise
Bond market volatility means John Healey will have to take tough decisions, soon, if he wants to meet spending pledges In John Healey’s bright Treasury office, overlooking St James’s Park, the artwork has not changed since his predecessor, Rachel Reeves, selected a row of Bridget Riley prints in her feminist rehang . Judging by the signals emerging from No 11 about the chancellor’s 28 October budget, not much else has changed either. Voters listening to Andy Burnham’s promises to overthrow 40 years of neoliberalism and vanquish the ghost of Margaret Thatcher would be excused for expecting a ra
5 min read · 06 Sep 2026
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UK mortgage rates set to rise as bond sell-off drives up borrowing costs, business live
Dutch central bank moves 86 tonnes of gold to UK from US and Canada, citing ‘geopolitical unrest’
Global bond sell-off intensifies as US-Iran tensions stoke inflation fears
Mark Carney tells US to ‘start being serious’ amid escalating trade war
Apple's new CEO John Ternus makes AI top priority
Can new Apple CEO John Ternus fix the tech giant's AI woes?
Burnham to say he wants to unlock ‘positivity’ in first statement to MPs since becoming PM, UK politics live
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