UK’s likely next leader Andy Burnham to unveil economic, devolution plans
Summary
Andy Burnham, the likely next prime minister of the UK, will present his economic and regional power plans in a speech soon. He aims to raise living standards over ten years by focusing on industry, housing, infrastructure, and public control of services.Key Facts
- Andy Burnham is the leading candidate to replace Keir Starmer as UK prime minister.
- Starmer resigned two years after winning a large Labour majority.
- Burnham plans to give more power to local regions and communities, especially in the North of England.
- His economic plan includes reindustrialisation, improving housing and infrastructure, and reforms in utilities like transport, water, and energy.
- Burnham calls his approach “Manchesterism,” which favors business-friendly socialism and rejects trickle-down economics.
- He supports keeping Labour’s fiscal rules on borrowing and debt control.
- Fiscal challenges include economic impacts from the war in Ukraine and conflicts in the Middle East.
- United States President Donald Trump described Burnham as “extremely liberal” and doubted a North Sea oil and gas drilling opening under him.
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