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U.K. forward slash voucher to claim this offer now. Terms apply. This weekend, the mayor of Greater

Manchester, Andy Burnham, has been blocked by Labour's ruling committee from running to become an MP and presumably

eventually challenge the Prime Minister Keir Starmour.

Now, when Andy started dipping his toe into the water and making comments suggesting he might

run, one of those comments was that we were too in hock to the bond

markets. And funnily enough, the bond markets didn't like that. And last week, they moved a bit

at the news that he might be becoming an MP again. So to discuss that and what else is going on

in the economy this week, I thought there's no better place person to go over those topics

than James Nation, the managing director of Forefront Advisors. He's worked for Rishi Sunak in the

Treasury and also as the deputy head of Sunak's policy unit in number 10. But more important than

that, he is a friend of the show. James,

thank you very much for joining us. Thanks so much having me back, Michael. Thank you.

As I said there, when the news came out at the end of last week that this seat was available

and Burnham might be putting his head and putting his hat in the ring, the bomb markets moved

a bit, the pound

slumped a little bit. Are we getting too overexcited by these movements in the markets? So our

traders really alarmed at Burnham's brand of, what's it, pro-small-business socialism that he

...