Summary: Labour politicians are currently on maneuvers for who will replace Starmer, if anyone. One of those politicians is mayor of Greater Manchester Andy Burnham, who once said . He currently does not have a way into parliament, but is the most popular candidate among Labour MPs it seems. Andy Burnham once said that Britain is too “in hock to the bond markets”. It looks like his allies in the party are taking the same tone claiming:
>But asked whether markets might give short shrift to a more fiscally loose economic agenda, Barker said: “The markets will have to fall into line,” adding that investors would view the UK as “the best place to be” if the government unveiled “progressive policies that do speak to our communities”.
Relevance to Neolib: It deomstrates that lack of understanding of economics and how markets work that pervades British politics across the political spectrum and could represent the possible next PMs thought process.
Desperate_Wear_1866 on
Lmao. Wishful thinking from the soft left as usual. Are the bond markets going to look at the Burnham ministry and think “This is so wholesome, time to invest 🥺”?
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Summary: Labour politicians are currently on maneuvers for who will replace Starmer, if anyone. One of those politicians is mayor of Greater Manchester Andy Burnham, who once said . He currently does not have a way into parliament, but is the most popular candidate among Labour MPs it seems. Andy Burnham once said that Britain is too “in hock to the bond markets”. It looks like his allies in the party are taking the same tone claiming:
>But asked whether markets might give short shrift to a more fiscally loose economic agenda, Barker said: “The markets will have to fall into line,” adding that investors would view the UK as “the best place to be” if the government unveiled “progressive policies that do speak to our communities”.
Relevance to Neolib: It deomstrates that lack of understanding of economics and how markets work that pervades British politics across the political spectrum and could represent the possible next PMs thought process.
Lmao. Wishful thinking from the soft left as usual. Are the bond markets going to look at the Burnham ministry and think “This is so wholesome, time to invest 🥺”?