Darren Jones says bond markets should be ‘content’ with Burnham’s economic plans – UK politics live

Darren Jones says he has received reassurances on economic plans from Burnham Good morning. There are very few upsides for Keir Starmer for his current situation, but one of them is that soon he will no longer have to worry about taking PMQs. In his memoir, Tony Blair described PMQs as “the most nerve-racking, discombobulating, nail-biting, bowel-moving, terror-inspiring, courage draining experience in my prime ministerial life, without question”. Today’s could be Starmer’s third last. Including today, there are four Wednesdays between now and Friday 17 July, when Andy Burnham is due to become PMQs, but one of them coincides with the Nato summit, and Starmer should be away for that. While we will hear from Starmer at PMQs , interest in what he has to say may be limited. Power is like water on a surface with a slope; it very quickly heads in one direction and, despite only being sworn in as an MP on Monday afternoon, Andy Burnham is already the most powerful figure in Westminster, and most of the political class is focused on what sort of administration he might lead. There have been three developments overnight. It has emerged that Burnham will appoint James Purnell, who served in cabinet with him under Gordon Brown, as his chief of staff. Here is our story, by Kiran Stacey and Jessica Elgot . Darren Jones, the chief secretary to the PM, has announced that he will not stand as a leadership candidate against Burnham. …