{"id":615216,"date":"2026-09-29T10:14:10","date_gmt":"2026-09-29T10:14:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/615216\/"},"modified":"2026-09-29T10:14:10","modified_gmt":"2026-09-29T10:14:10","slug":"labour-conference-live-andy-burnham-warned-over-pensions-triple-lock-commitment","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/615216\/","title":{"rendered":"Labour conference live: Andy Burnham warned over pensions triple lock commitment"},"content":{"rendered":"

\"Analysis\"Healey uses speech to reassure he’s a safe pair of handspublished at 12:36 BST 28 September<\/p>\n

12:36 BST 28 September<\/p>\n

\"\"Jack Fenwick
Political correspondent, reporting from Liverpool<\/p>\n

Much of the talk around Andy Burnham in the weeks leading
\nup to him becoming prime minister focused on how much he\u2019d be willing to spend.<\/p>\n

This time last year Andy Burnham, then the mayor of Greater Manchester, caused a stir at Labour conference when he suggested the
\ncountry needed to stop being in hock to the bond markets.<\/p>\n

Those comments led some to believe that a Burnham
\ngovernment may look to spend and borrow more money.<\/p>\n

Some of the prime minister’s critics worried that
\napproach would spook the markets and lead to even higher borrowing costs.<\/p>\n

Burnham has since then sought to reassure people and
\ntalked up his belief in economic restraint.<\/p>\n

His appointment of John Healey as chancellor was intended
\nto signal that he’d put a safe pair of hands in the treasury.<\/p>\n

And he’s used this speech to stress that he will stick to
\nthe previous government’s fiscal rules, designed to keep the bond markets on
\nside.<\/p>\n

Economically those around the chancellor feel there is no
\nother option. <\/p>\n

But politically that does restrain the government.<\/p>\n

One big question being asked by Labour members here will
\nbe whether Burnham and Healey can achieve the sort of change they’ve promised,
\nwhile sticking to those rules.<\/p>\n","protected":false},"excerpt":{"rendered":"Healey uses speech to reassure he’s a safe pair of handspublished at 12:36 BST 28 September 12:36 BST…\n","protected":false},"author":2,"featured_media":615217,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[138,246,111,139,69,244,245],"class_list":["post-615216","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-new-zealand","tag-newzealand","tag-nz","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/615216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=615216"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/615216\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/615217"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=615216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=615216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=615216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}