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4332 Search results for cost of living crisis

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  • Britain needs a Marshall Plan for civic life

    July 31, 2026

    The “Marshall Plan for Civic Life” proposes a multi-billion pound, multi-year investment fund, supported by a collaborative effort between citizens, the state, philanthropy, and the private sector, say Polly Curtis and James Plunkett Andy Burnham needs to find money for defence. He needs to find money for social care. He needs to find money for [...]

  • Pensioners hit with £8bn tax bill after government freezes allowances

    July 30, 2026

    Pensioners paid some £8bn in extra tax last year after a freeze on personal allowances dragged people into higher bands, new figures have revealed. The amount of tax paid by people in retirement climbed from £21.1bn to £29.8bn, an increase of over 40 per cent in just two years, according to the latest pension participation [...]

  • ‘Difficult decisions’ – Burnham looks at new tax on workers to fund social care overhaul

    July 29, 2026

    Andy Burnham has pleaded for opponents to engage in a cross-party discussion over sweeping adult social care reform as he warned that “difficult decisions” would have to be taken to fund the plans. In a press conference from a Jewish care centre in North London, Burnham indicated he wanted social care to be funded on [...]

  • Andy Burnham’s technical education reforms are doomed to fail

    July 29, 2026

    Reforming technical education is a laudable ambition but we have been here before. There are three questions Andy Burnham must answer before anyone takes him seriously, says Lord Agnew There is laudable ambition in the Prime Minister’s announcement of technical routes in education from 14, parity with the academic path and employers brought properly into [...]

  • If Andy Burnham really wants to help NEETs he should rule out tax rises

    July 29, 2026

    Andy Burnham’s announcements on technical education are welcome, but they will be meaningless if young people have no jobs to move into. The Budget will be the real test of how he plans to grow the economy, says Georgiana Bristol Andy Burnham has descended from the North with an array of new pledges and spending [...]

  • Industry hits out at rumours as No 10 denies plan to abolish stamp duty and council tax

    July 27, 2026

    Andy Burnham is “not considering” scrapping stamp duty and council tax, Downing Street has said, as the government moves to pour cold water on rumours of major tax changes that had spooked property sector leaders. Business chiefs condemned the government over the danger of property tax speculation after reports over the weekend suggested that Burnham [...]

  • Top investment bank: Starmer and Reeves left UK ‘no better off than they found it’

    July 24, 2026

    Keir Starmer and Rachel Reeves failed to leave the economy in a better position than they found it, according to top investment bank, which said the administration’s fixation on “luxury beliefs” kneecapped its number one mission to revive Britain’s flagging growth. In a research note on Friday, Panmure Liberum said the former Prime Minister and [...]

  • A beginner’s guide to appeasing the bond market – and why it matters

    July 24, 2026

    Britain’s enormous debt pile means the bond market now has the power to decide the fate of a government. Ali Lyon spoke to gilt investors to see how our new Chancellor can keep them happy. When John Healey was last in the Treasury, the world was a very different place. Britain’s economy was growing at [...]

  • Will Burnham take the pressure off business? Don’t bank on it

    July 23, 2026

    Andy Burnham’s big ambitions come with a big price tag. Our analysis shows a £22bn black hole of unfunded commitments, including the costs of honouring decisions announced in the dying days of Keir Starmer’s government, such as NHS pay rises and the Defence Investment Plan. If you add in the new PM’s other great ideas, [...]

  • Mark Kleinman: Well runs dry for Thames Water creditors

    July 23, 2026

    Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his City AM column Well runs dry for Thames Water creditors Are Thames Water’s taps about to run dry? Not literally, of course – but Andy Burnham’s arrival in Downing Street has fired the starting gun on a creditor sprint to [...]

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