Politics
UK PM Burnham says market turbulence is due to Tory record of raising debt; doesn't rule out tax increases
StockNow breaking-news AI analysis
UK PM Burnham blamed market turbulence on Tory debt, reaffirmed fiscal rules, refused to rule out tax increases, promised defence funding, and highlighted UK steel concerns in EU trade talks.
News detail
Will be sticking to fiscal rules. Will fully fund the defence investment plan (DIP). "Made in EU" could pose problems for UK steel, hope to get a deal into UK/EU summit.
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