Category: Tax and spending

Tax promises, defence targets and Iran: Andy Burnham’s budget headaches

As economic circumstances worsen, the PM’s commitments have left him and the chancellor in a tight spotWhen Andy Burnham made his first speech after returning as an MP, he promised that as prime minister he would oversee “the...

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From welfare to prisons: the challenges for Burnham when MPs return to Commons

PM’s honeymoon period will come to an end as he makes decisions on the budget, welfare, migration and prisonsAndy Burnham has enjoyed a month-long honeymoon period since he became prime minister, winning public support with a...

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From welfare to prisons: the challenges for Burnham when MPs return to Commons

PM’s honeymoon period will come to an end as he makes decisions on the budget, welfare, migration and prisonsAndy Burnham has enjoyed a month-long honeymoon period since he became prime minister, winning public support with a...

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From welfare to prisons: the challenges for Burnham when MPs return to Commons

PM’s honeymoon period will come to an end as he makes decisions on the budget, welfare, migration and prisonsAndy Burnham has enjoyed a month-long honeymoon period since he became prime minister, winning public support with a...

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UK reports unexpected deficit of £1.8bn as John Healey prepares for first budget

July data shows total public debt was £2.98tn, or 94% of GDP – up £96bn on a year earlierBusiness live – latest updatesThe UK government ran a larger than expected £1.8bn deficit in July, underlining the challenges facing the...

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Forecast energy price cap rise in Britain could push UK fuel bills up 4% this winter

Forecast quarterly rise highest in three years and likely to wipe out Burnham’s VAT cut on electricity billsHousehold energy bills across Great Britain are expected to climb to a three-year high this winter as the impact of the...

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JP Morgan boss Jamie Dimon warns UK chancellor not to hike taxes on banks

Billionaire CEO of world’s biggest bank says any windfall tax on sector’s bumper profits could harm jobs in the CityJamie Dimon, the boss of the US bank JP Morgan, has urged John Healey not to use his first budget as chancellor...

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Burnham does not rule out tax rises for social care reform as he fast-tracks Louise Casey’s review – UK politics live

The prime minister says that current inefficiencies in the system will be tackled first, as he reveals final recommendations will be out by summer 2027Andy Burnham is speaking now.In a reference to how he started campaing for...

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