Shadow Chancellor hits back at Burnham as markets turn on PM

The newly appointed Shadow Chancellor has told City AM he wasn't involved in formulating Liz Truss's disastrous mini-budget, following accusations from Andy Burnham that he contributed to the chaos at Wednesday's PMQs - City Editor Simon Hunt has the interview. Meanwhile, new data suggests many graduates are unlikely to ever repay their student loans, and that only the top earners will ever be free of the punitively high interest rate. Plus: Inside F1's plans to expand - and the teams that spent the most in this year's transfer window. 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