London Daily
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LONDON DAILY ARCHIVE

ANDY BURNHAM SIGNALS STRICT FISCAL RULES AS LABOUR LEADERSHIP RACE SHAPES MARKET OUTLOOK

Greater Manchester Mayor Andy Burnham has reassured financial markets with a commitment to tight fiscal discipline as he emerges as a leading contender in the Labour leadership contest, helping lift sterling and steady UK assets ahead of nominations opening next week.

02 July 2026 · 08:30 UTC