Bank of England hampers Burnham’s jobs drive

Interest rates look set to stay higher for longer, putting more pressure on borrowers – including the country’s biggest borrower, the government. The Bank of England’s MPC's decision to hold interest rates also hampers Andy Burnham's drive to solve the youth unemployment crisis. Chief Reporter, Ali Lyon joins to explain. Meanwhile, Andy Burnham has given his second sit down interview since becoming Prime Minister and said business needs to lean in more to solve the jobs crisis - we're joined by Jimmy McLoughlin who interviewed him. Plus: the electric Ferrari Luce proves its doubters wrong as it smashes its sales target. Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam