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Burnham’s plan for a radical reset collides with economic reality
Surging energy bills, higher borrowing costs and rising inflation have left the PM and his chancellor in a fiscal bind As Labour heads to Liverpool this week, Andy Burnham has promised to deliver “stability” in the public finances; but the economic backdrop is anything but stable. The longer the US-Israeli war on Iran persists, the more likely it is that UK consumers will have to swallow higher mortgage rates and energy bills, just as the government is wrestling with its own surging borrowing costs. Continue reading...
5 min read · 27 Sep 2026
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