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Former Bank of England chief warns Burnham over boosting debt for growth

Former Bank of England governor Mervyn King has warned Andy Burnham and other UK prime ministerial contenders that they cannot go around the financial markets to boost spending. Speaking to The National's Inside Brief, Mr King, who sits in the UK House of Lords, responded to Mr Burnham's suggestion that the country's leadership should not act “in hock” to the bond market.  [...]