Markets tank and pound plummets as Andy Burnham’s Westminster return sparks ‘2007’ style meltdown

ANDY Burnham's push for Downing Street has spooked City traders as government borrowing costs surge. The ambition of the self-styled 'King of the North' to be Prime Minister helped trigger the jump amid fears he could boost public spending. It comes after comments made last year where he raised concerns about the UK being "in hock"...