Tuesday, 25 August 2026 · World
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EUROS The World Financial Report
Nº 45 Tuesday, 25 August 2026 · World Edition
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Commodities

UK Tax Rises Back on the Table as Burnham Faces Fiscal Crunch

Oilprice.com · 1h ago
UK Tax Rises Back on the Table as Burnham Faces Fiscal Crunch

Andy Burnham has suggested tax rises could be on the cards in the looming Autumn Budget, warning he “won’t be unrealistic” over the state of the public purse. The Prime Minister quickly pledged to give people “breathing space” and ease the cost of living after taking the keys to No.10 last month. But in fresh comments during his visit to Ukraine, Burnham acknowledged the fiscal pressures facing the UK and said his spending packages would be fully funded. When pressed on whether he would need to raise taxes to…

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