Taxing Times for Britain's New PM The UK's newly appointed prime minister, Andy Burnham, has sent a clear signal to markets that he's not opposed to tax hikes.
In his first Prime Minister's Questions session, Burnham refused to rule out further tax increases in the upcoming October Budget, sparking concern among financial circles.
Burnham's approach is an attempt to balance Labour's left wing base and reassure investors that his government won't be reckless with the nation's finances.