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The Guardian Politics5 Jul 2026

Make Ed Miliband chancellor, ex-chief Treasury adviser tells Andy Burnham

Nicholas Stern joins growing number backing Miliband, saying he has vision and experience to revive economy A former chief economic adviser to the Treasury has called on Andy Burnham to appoint Ed Miliband as chancellor, arguing the energy secretary has a “bold” vision to revive the economy. Nicholas Stern, a professor at the London School of Economics who was a senior figure in the Treasury during Gordon Brown’s tenure, said only Miliband had the experience and the strategic vision to accelerat

Economy
The Guardian Politics4 Jul 2026

Labour should win next election under Burnham after work already done, Starmer says

Prime minister holds no ‘personal animosity’ toward Burnham and emphasises success at improving NHS waiting lists and ‘stabilising economy’ Labour “should go on to win the next election” under his likely successor, Andy Burnham, Keir Starmer has said, based on what he has achieved while in power. In his first interview since he announced he will quit as prime minister, Starmer also said he held no “personal animosity” toward Burnham, who is expected to succeed him. Continue reading...

PoliticsEconomyDefenceHealthcare
The Guardian Politics4 Jul 2026

What’s holding back Britain’s green energy revolution? – a visual story

Labour has approved a wave of renewable energy projects, but turning plans into power remains slow. Why is that? Labour has a race on its hands if it is to lock in its promise to achieve a virtually zero-carbon electricity system by 2030. Britain’s next prime minister will have to move fast: the climate emergency is raging, high energy bills are driving up the cost of living and the reactionary right is threatening a fossil fuel push if it wins power. Continue reading...

EconomyEnvironment
The Guardian Politics3 Jul 2026

The Guardian view on Labour’s next chancellor: send for Ed Miliband | Editorial

Andy Burnham needs the Treasury to serve devolution, raise living standards and renew the economy. The energy secretary meets that test There are few things on which this column would agree with George Osborne. Voting to remain in the European Union was one. Backing Labour’s Ed Miliband to be the next chancellor is another. Mr Osborne, whose austerity programme redistributed pain downwards while protecting privilege at the top, had only a week ago on his podcast, Political Currency, dismissed Mr

PoliticsEconomyDefence
The Guardian Politics3 Jul 2026

Reform UK-led council fails to attract any sponsors for union flag scheme

Party had justified plan to hang flags in Nottinghamshire on basis that local businesses would foot £75,000 bill A £75,000 scheme by a Reform-led council to hang union flags at sites across the county, which the party said would “not cost the taxpayer a single penny” as it would be sponsored by local businesses, has failed to attract a single sponsor, it has emerged. The plan to attach the flags to brackets on about 180 lamp-posts and other places was agreed in the autumn by Nottinghamshire’s co

EconomyReform
The Guardian Politics3 Jul 2026

Andy Burnham says Labour manifesto has room for ‘movement on tax’ – UK politics live

The Labour MP hinted that he’s open to flexibility for some taxes that could aid high street businesses Good morning and welcome to our live coverage of UK politics. Andy Burnham, the lead contender to succeed prime minister Keir Starmer, has hinted at some of his tax proposals as he draws up plans to revitalise Britain’s high streets. Continue reading...

PoliticsEconomy
The Guardian Politics3 Jul 2026

Far from waging war on the south, Burnham could improve the lives of Londoners. Here’s how | Polly Toynbee

The right wants to paint Manchesterism in terms of north v south – but poverty everywhere is solved by prioritising the public purse over private pockets When the “king of the north” called London “the world’s greatest capital city” this week, it didn’t reassure those who fear that Andy Burnham represents that old national grievance, the north-south divide. The right warned southerners that he was coming to tax their extravagant properties until the pips squeaked. The idea that London is reviled

EconomyDefence
The Guardian Politics3 Jul 2026

Burnham’s funding gap: what state are UK finances in for the PM-in-waiting?

Given pressures on the public purse, the Makerfield MP may have to look at autumn tax rises to fund his ‘new direction’ An economy rattled by a global energy shock, jittery bond markets and rising spending demands. As Andy Burnham prepares for government, the pressures on the public finances are in focus. The prospective prime minister pledged a new direction for Britain this week within two constraints: sticking to Labour’s current fiscal rules, and consistency with its 2024 manifesto. Contin

EconomyHousing
The Guardian Politics2 Jul 2026

Burnham promises to ease cost of living pressures if he becomes prime minister

Makerfield MP said he would consider reducing business rates as part of a package that could also include freeze on private rents Andy Burnham promised to ease the cost of living if he becomes prime minister in his first interview since returning to parliament. The Makerfield MP told LBC that if he became prime minister later this month, as expected, he would look at reducing business rates for some high street businesses, bringing down water and energy costs by de-privatising companies and maki

PoliticsEconomyHousing
The Guardian Politics2 Jul 2026

Bitcoin firm advertised by Nigel Farage loses 15% of asset value

Exclusive: Finance experts warn against investing in bitcoin treasury companies after Stack BTC assets plunge A bitcoin company that Nigel Farage has advertised lost more than 15% of its asset value, prompting finance experts to warn investors against investing in those types of firms. The Reform UK leader has invested £215,000 in a bitcoin treasury company named Stack BTC. A bitcoin treasury buys the cryptocurrency on behalf of its shareholders, and Stack aims to purchase other companies with t

EconomyDefenceReform
The Guardian Politics2 Jul 2026

Bankers and unions set for clash over possible Burnham tax raid on UK banks

City bosses say move would be economically disastrous, but union leaders urge likely new PM to ignore ‘vested interests’ Battle lines are being drawn between City bosses and trade unions over a possible tax raid on UK banks to help fund Andy Burnham’s package for struggling households this winter. While bankers have warned the move would be “economic suicide”, union leaders have said Britain cannot afford to be “held hostage” by City lobbyists, given growing pressures to find money for defence a

EconomyDefence
The Guardian Politics2 Jul 2026

Andy Burnham urged to be radical on economy to help Labour win next election

Exclusive: Poll shows policies such as rent control and higher wealth taxes could fend off Reform UK in key seats Andy Burnham is being urged to adopt an “economic populist” approach to combating the cost of living crisis if he becomes prime minister, as a detailed opinion poll shows radical policies could help Labour to retain its majority at the next election. Senior figures advising the Makerfield MP have been circulating a seat-by-seat poll showing Labour’s majority could be demolished at th

PoliticsEconomyReformHousing