Victory in Makerfield is propelling him towards No 10 but investors expect to know how he will fund his promises
Andy Burnham’s thumping victory in the Makerfield byelection came and went without the bond market rout Rachel Reeves’s backers had warned about.
But as he moves towards the premiership, Burnham would be wise to set clear expectations about tax and spend, and to be upfront about the fact that not everyone can be a winner.
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