0:00
we quoted a Labour MP who said that the
0:02
the bond market should fall in line
0:04
behind Andy Burnham. So, does this sort
0:06
of scare institutional investors a bit?
0:08
>> Yeah, I mean of course it's going to
0:09
it's going to provide them with that
0:10
fear because it's real uncertainty at
0:11
the end of the day. They don't know who
0:13
would Wes Streeting as Chancellor be,
0:14
what would his fiscal policy be? But we
0:16
also would it be Wes Streeting? If Wes
0:17
Streeting is the going to kick off this
0:19
leadership contest, it's not necessarily
0:21
a reflection of him. This is
0:22
uncertainty. It's the fact that there's
0:23
going to be a contest. Just cuz he's
0:25
kicking it off doesn't mean he's going
0:26
to win. It also means there's there
0:27
could be this entry of this soft left
0:29
candidate. Could be an Ed Miliband or an
0:31
Angela Rayner who we know for sure is
0:32
going to have this looser fiscal policy.
0:34
So, it's not necessarily a reflection of
0:36
Wes Streeting and how he would govern.
0:37
It's more of the uncertainty of like oh,
0:39
we we might actually now see a change in
