【每日晨读金融时报】14Nov25 英语口语听力 附原文及实用单词短语

Investors have warned that an Andy Burnham-led Labour gov­ern­ment would spark a sell-off in gilts and the pound if it launched a bor­row­ing spree against a back­drop of fra­gile mar­kets.

Burnham, Labour mayor of Greater Manchester, said that the UK should not be “in hock” to bond mar­kets, as he burn­ished his leftwing cre­den­tials in what is widely seen as a chal­lenge to Prime Min­is­ter Sir Keir Starmer.

But fund man­agers said Burnham’s pro­posal to bor­row an extra £40bn to build coun­cil houses, along­side a mass nation­al­isa­tion scheme, would alarm a gilt mar­ket already under pres­sure from the scale of gov­ern­ment bor­row­ing.

Mark Dowding, chief invest­ment officer for fixed income at RBC Blue­Bay Asset Man­age­ment, said: “I think this speaks to his own fin­an­cial naiv­ety. Mar­ket con­fid­ence would sour very quickly. Yields would rise and the pound would also likely be under pres­sure.”

Starmer respon­ded yes­ter­day by com­par­ing Burnham’s eco­nomic policies to those of former Tory prime min­is­ter Liz Truss, whose eco­nomic plans also spooked the bond mar­kets.