Why borrowing costs are Burnham’s biggest problem
About this episode
The episode discusses the challenges faced by Prime Minister Andy Burnham regarding high borrowing costs and their implications for the upcoming budget.
Governments often tell people to live within their means - but can the new prime minister? Andy Burnham will need to try hard after the UK's long-term borrowing costs reached a 28-year high. It's a serious headache for a prime minister who faced his first PMQs on Wednesday. So why are the costs so high? And how will this impact chancellor John Healey's first Budget next month? Niall Paterson sits down with Sky's economics and data editor, Ed Conway. Have you got a question for Niall? Email us: why@sky.uk
People in this episode
Host: Niall Paterson
Guest: Ed Conway
Topics covered
- borrowing costs
- UK politics
- economic impact
- prime minister
- budget planning
Keywords
- borrowing costs
- Andy Burnham
- John Healey
- UK economy
- Prime Minister's Questions
Mentioned in this episode
Organizations: Sky News
Places: UK
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