Bahrain, June 21 -- Andy Burnham's win in Makerfield, paving the way for him to potentially challenge Keir Starmer and become UK Prime Minister, could trigger a Liz Truss-style spooking of UK bond markets and accelerate a mass exodus of wealth from Britain, warns the CEO of global financial advisory giant deVere Group.

The stark warning from Nigel Green comes after Burnham secured a dominant victory in the Labour stronghold, reigniting speculation about his future leadership ambitions and raising questions about the future direction of Labour economic policy.

Nigel Green says investors are likely to view Burnham's growing influence through the prism of taxation and public spending.

"Burnham's victory materially increases the likelihoo...