
- Andy Burnham's potential premiership could significantly impact UK finances, with bond markets closely watching his choice of Chancellor and economic policies.
- He has previously advocated for reforming stamp duty and council tax, suggesting their replacement with a Land Value Tax to improve property accessibility.
- Burnham has proposed increasing the income tax personal allowance for lower earners and reintroducing a 50p top rate for high earners.
- He has also suggested abolishing inheritance tax, replacing it with a social care levy on inherited assets.
- Burnham supports public ownership, having overseen halved bus fares in Greater Manchester funded by council tax, and has indicated nationalisation as an option for water companies.
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