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Mayor Burnham Poised for Parliament as Borrowing Costs Surge

1/22/2026

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Burnham Eyes Parliament
  • British government borrowing costs rose and the pound weakened on January 22, 2026, after reports that Greater Manchester Mayor Andy Burnham may return to Parliament.
  • Andrew Gwynne, MP for Gorton and Denton, is to resign, creating a vacancy Burnham could contest.
  • Finance Minister Rachel Reeves expressed confidence in Prime Minister Keir Starmer, saying Labour supports him.
  • Gwynne has faced controversy over offensive messages, leading to suspension from the Labour Party.
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