Win Monroe

Also some Fed news: I asked Trump this morning about Warsh starting as Fed chair -- I pointed out investors are now pegging a higher chance of a rate HIKE rather than cut by end of year and asked him whether he thinks Warsh will deliver a cut "I'm going to let him do what he wants to do. He's a very talented guy, he's going to be fine, he's going to do a good job"

***EXCLUSIVE*** Andy Burnham fully rules out changing Rachel Reeves’ fiscal rules if he becomes PM At the weekend his team had left it open whether he might change them in future But tonight his spokesperson tells Bloomberg he is explicitly ruling out any changes to the existing fiscal rules AND crucially Burnham is now also ruling out exempting defence spending from the fiscal rules to spend more on the military He had floated that idea in a Bloomberg interview a few weeks ago but his spokesperson tonight says he won’t pursue it This is a big attempt by Burnham’s campaign team to reassure markets who were spooked on Friday by his potential premiership But it may risk disappointing some on the left who had hoped for a more radical fiscal policy It may also mean tax rises are the likely main revenue raiser in the event Burnham wants to increase spending