Rising borrowing costs are intensifying financial challenges for the mayor as he prepares to deliver his first Budget, forcing tough decisions on public spending and economic priorities. With interest rates climbing, the pressure to balance fiscal responsibility with public service demands grows sharper. The move comes as economic uncertainty looms, testing his ability to navigate a tight financial landscape. How he addresses these pressures will be closely watched by investors and residents alike.
Higher borrowing costs have piled fresh pressure on Andy Burnham ahead of his first Budget.
