Andy Burnham came to power promising radical change, a circuit breaker for Britain’s stagnant economy. This was his first budget, meant to lay out his bold vision for Britain. But are we left thinking, is that it?
Chancellor John Healey announced measures meant to ease the pressure of soaring costs, including a £100 pay out for 20 million households, a rise in the minimum wage and some tax relief for small businesses. He’s targeting banks and the gambling sector with higher taxes to fund his plans.
But his opponents accuse him of kicking big decisions on defence and welfare spending into the long grass at a time when the UK is facing global turmoil driven by the conflict in the Middle East.
So what are we to make of this budget? John McDonnell who was Labour’s Shadow Chancellor from 2015 to 2020 and Darren Jones, who held several key advisory roles in Keir Starmer’s government, but was sacked in Andy Burnham’s cabinet reshuffle, join to discuss for this episode of The Fourcast.
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