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      Why a ‘do no harm’ Budget isn’t good enough

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Labour Party

  • Legal sector warns against tax ‘raid’ proposal on client account interest ahead of Budget

    September 29, 2026

    London’s legal sector has sounded the alarm over government plans to cut interest on law firms’ client accounts to fund the justice department, warning it could drive some law firms out of business. The Ministry of Justice’s consultation on a proposal to introduce an Interest on Lawyers’ Client Accounts Scheme (ICLA) closed in March after [...]

  • Why is Burnham set to turn against the triple lock?

    September 29, 2026

    The controversial pension triple lock is reportedly set to face the axe as Andy Burnham looks to rewire the UK’s pension landscape to fund his plans. In his maiden conference speech as prime minister on Tuesday, Burnham is expected to signal the death of the triple lock after 16 years, bringing an end to pensioner’s [...]

  • Burnham set to signal end of triple lock in conference speech

    September 29, 2026

    Andy Burnham is set to signal the end of the triple lock on pensions in his maiden conference speech as Prime Minister, in a move that is likely to divide the Labour party. In his maiden conference speech as Labour leader, Burnham will suggest the policy is not sustainable in its current form and should [...]

  • Andy Burnham can’t treat Heathrow expansion as a local planning issue

    September 29, 2026

    Has Andy Burnham’s commitment to devolution morphed into a convenient excuse not to lead? I ask, because he seems to have excused himself from the debate about a critical £50bn national infrastructure project: Heathrow’s third runway. The project has been debated since the 1980s but officially kicked off in 2003 when Labour’s Alistair Darling, then [...]

  • Labour will learn to love deregulation

    September 29, 2026

    The Labour government I served in made advances in planning reform and curbing regulator overreach. But those efforts should be seen as a first step, not job done. Not least because there is barely a great progressive cause that does not now require deregulation to advance, says Alan Lockey Warm words for business are a [...]

  • Burnham to pledge greater control of water and energy industries

    September 28, 2026

    Andy Burnham will double down on plans to seize greater public control of the water, energy and transport industries tomorrow as he pledges to “break with the flawed thinking of the past 40 years”. In his first speech to Labour’s conference as Prime Minister, Burnham is expected to say Britain is currently “run for vested [...]

  • ‘Uncharted territory’: UK economy facing shocks as diesel and borrowing costs surge

    September 28, 2026

    The UK economy entered “uncharted territory” on Monday battling an assortment of financial pressures as fears intensified ahead of the next Budget.  Diesel costs surged to a record high of 199.18p per litre marking the latest energy shock on the UK economy. Stations were registered as charging 199.18p per litre, according to the RAC. The [...]

  • Housebuilder shares rocket after Burnham revives Help to Buy

    September 28, 2026

    Housebuilder shares have soared after the Prime Minister announced a new Help to Buy scheme, which it is hoped will boost the UK’s construction sector. FTSE 100 housebuilders Persimmon and Barratt Redrow jumped 15 and 13 per cent in early trading, lifting the blue-chip index to early gains.  FTSE 250-listed Vistry took the biggest jump [...]

  • As it happened: FTSE 100 rises but energy shock looms; Healey says government debt an ‘affront to Labour values’

    September 28, 2026

    Welcome back to the City AM FTSE 100 liveblog. Stick with us throughout the day for the latest London Stock Exchange and wider business and economic news, as soon as we get it. The main event of the day will be Chancellor John Healey’s speech at Labour conference in Liverpool. Here’s a look at some [...]

  • Burnham: Social care reforms to be paid by new taxes

    September 27, 2026

    Andy Burnham has said proposed social care reforms would be funded by new taxes after a General Election, claiming he wanted to create a new system where “everyone contributes”.  The Prime Minister said a plan for a national care service would be presented at the next election, which may only come in 2029. Baroness Louise [...]

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