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Keir Starmer Compares Andy Burnham To Liz Truss As Labour War Of Words Escalates

Keir Starmer Compares Andy Burnham To Liz Truss As Labour War Of Words Escalates
Keir Starmer and Andy Burnham during last year's election campaign.Keir Starmer has compared Andy Burnham to Liz Truss as Labour’s bitter civil war escalated.The prime minister hit out at the Manchester mayor’s calls for the government to scrap its strict fiscal rules in what was seen as a pitch for the Labour leadership.Burnham set out his plans in interviews with the New Statesman magazine and Daily Telegraph on the eve of Labour’s annual conference in Liverpool.He the water, energy and rail industries should all be nationalised, a policy which would cost billions of pounds.The former cabinet minister – who left Westminster in 2017 – also dismissed concerns about the size of the government’s debt, saying the UK must “get beyond this thing of being in hock to the bond markets”.Those markets, which determine the interest rates the government pays on that debt, went into meltdown after Truss’s mini-Budget in 2022, sparking a financial crisis that ultimately forced her from office.Starmer said he would not “get drawn into commenting on the mayor’s personal ambitions”, but added: “I do want to be really clear about our fiscal rules, because economic stability is the foundation stone of this government.“It was three years ago this week that Liz Truss showed what happens if you abandon fiscal rules. In her case, she did that for tax cuts, but the same would happen if it was spending. “And we saw what happened to working people three years ago, the infliction of harm on them.”The PM added: “I’m not prepared to let a Labour Government ever inflict that harm on working people, which is why I’ve always been clear our fiscal rules are iron-clad, and that is because they protect working people.“There’s nothing progressive about borrowing more than we need to. There’s nothing progressive about abandoning fiscal rules. They’re the foundation stone of this government.”Related...Labour Civil War Erupts As Andy Burnham Accused Of Risking Truss-Style Economic MeltdownCabinet Minister Dismisses Burnham Leadership Bid With Brutal 2-Word SlapdownAndy Burnham Sparks Angry Labour Backlash After Latest Attack On Keir Starmer

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