UK politics live: Andy Burnham warned he will have to raise taxes on middle classes to fund defence spending

Andy Burnham taxes
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- Bloomberg Opinion·6h agoCan Andy Burnham Slay the Eco-Socialist Dragon, Too?
Andy Burnham won power in Britain this summer by proving to his own Labour Party that he could beat the hard-right populists of Reform UK. Now, thanks to a flounce out of Parliament by the prime minister he usurped, he has a chance to show he can slay dragons on the left too.
Read at Bloomberg Opinion → - BBC UK News·1d agoBurnham to tackle 'mega-donors' in UK politics, minister says
Some MPs have pressed for the government to introduce a cap on UK-based donors.
Read at BBC UK News → - Daily Mail News·1d agoThe Morning Poll: Should Andy Burnham cut spending on benefits to fund defence?
Should Andy Burnham cut spending on benefits to fund defence?
Read at Daily Mail News → - Guardian Politics·1d agoBurnham to crack down on UK mega-donors influencing politics
Government pledges to find quick ‘solution’ to party funding row under pressure from Labour MPs Andy Burnham’s government has pledged to “tackle the issue of mega-donors in UK politics” as soon as possible, with dozens of Labour MPs demanding an immediate cap on donations before…
Read at Guardian Politics → - Guardian UK·1d agoBurnham tries to calm bond market fears as sell-off threatens crucial first budget
Prime minister promises his government will make decisions ‘grounded in fiscal responsibility’ Andy Burnham moved to calm volatile bond markets on Wednesday as surging borrowing costs threatened to wreck plans for his government’s crucial first budget next month. After a…
Read at Guardian UK → - BBC Politics·1d agoBurnham pressed on economy at first PMQs as UK borrowing costs rise
Burnham said he had already cut taxes, including VAT on energy bills and hospitality business rates.
Read at BBC Politics → - City A.M.·2d agoJim O’Neill: Capital gains tax hike ‘looms’ as top option for Burnham
Lord Jim O’Neill has warned a hike to capital gains tax “looms out” as one of the easiest revenue-raising options for Andy Burnham and his chancellor, John Healey, as the pair draw up plans for their first Budget in October. “They’ve ruled out the three main taxes, so if they’re…
Read at City A.M. → - The Independent UK·2d agoUK politics live: Andy Burnham warned he will have to raise taxes on middle classes to fund defence spending
The chancellor is set to unveil plans next year on how to meet Labour’s pledge of devoting 3.5% of GDP to defence
Read at The Independent UK →