UK PM says government will stick to budget rules to cut debt
UK Prime Minister Andy Burnham told lawmakers the government will take action to cut its debts and will continue to follow its self-imposed budget rules.
By Paul HannonThe U.K. government is taking action to cut its debts and will continue to stick to its self-imposed budget rules, Prime Minister Andy Burnham told lawmakers Wednesday.Yields on U.K. government bonds have risen sharply over recent days, part of a worldwide selloff that in part reflect…