Burnham has no scope to increase borrowing, think tank warns
2 sources·Updated July 28, 2026
Covered by 2 sources
- The Independent UK·3h agoBurnham warned he will have to raise taxes or cut spending to fund his pledges
Leading economic think tank warns there is ‘no capacity’ to borrow more with inflation set to go higher than expected, growth set to plummet and a massive squeeze on spending
Read at The Independent UK → - BBC Business·3h agoBurnham has no scope to increase borrowing, think tank warns
The Prime Minister has announced a series of cost-of-living measure since taking office but is facing questions about how he will fund them.
Read at BBC Business →
