Politics · United Kingdom · 5 hrs ago

Burnham sets out plans for a major shift in UK policy

Burnham sets out plans for a major shift in UK policy

British Prime Minister Andy Burnham has outlined plans to shift the UK away from some of the privatisation reforms introduced under Margaret Thatcher.

He is a Labour leader who took office after Keir Starmer, and Starmer's parliamentary majority does not guarantee that Burnham's plans will succeed.

Burnham wants to raise pensions by less than previously planned and address the growing number of young people choosing benefits instead of work.

He has also said that a return to the European Union should be discussed as a possible future option.

His plans include greater public control of housing, water and energy, alongside efforts to spread economic growth and help people cope with higher living costs.

Financial markets have reacted cautiously, while the cost of government borrowing is at a 30-year high, largely in line with a wider trend.

The budget due on 28 October is expected to show how Burnham would fund his plans while sticking to his commitment to control public spending.

Sources

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