US /ɪn hɑk/
・UK /ɪn hɒk/
Tommy got his six string in hock
He made bond investors nervous when he said last year that Britain shouldn't be in hock to the bond markets.
The only reason I asked it is because, of course, he said to the new statesman in September, "We've got to get away from this thing of being in hock to the bond markets." And of course, since then, he'd rode back from that.
And some of those advisers—Andy Haldane, former Chief Economist of the Bank of England; Lord O'Neill, Jim O'Neill, um, who was actually a Treasury Minister under George Osborne for a period of time, although I don't think he was ever a Conservative—um, but those are distinguished figures, uh, who are designed, I think, to reassure the bond markets, who Andy Burnham famously said the UK needed to stop being in hock to.
He said that Westminster shouldn't be in hock to the bond market.