- Andy Burnham, the new Labour leader, will use his first speech to commit to unpicking the economic settlement established by Margaret Thatcher.
- He will argue that Britain took a series of 'wrong turns' in the 1980s by centralising political power and privatising economic power.
- Burnham aims to forge a 'new path' for the country, implicitly rejecting the economic approach of the past four decades, including aspects accepted by Tony Blair.
- Policy indications include a potential £38bn tax increase and not ruling out a wealth tax, with economic policy to be driven from Downing Street.
- He will pledge to lead a united Labour party focused on practical solutions, working with other parties, and representing all regions of Britain.
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