Will taxes have to go up to fund Andy Burnham’s new policies?

PoliticsBusiness & Finance
23 Jul 2026 • 4:55 PM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

Will taxes have to go up to fund Andy Burnham’s new policies?

  • Economists have warned that taxes may need to rise to fund new policies announced by prime minister Andy Burnham.
  • Mr Burnham's initial policy announcements include a 20 per cent business rate cut for pubs, clubs, and live music venues.
  • Further measures comprise a VAT cut to electricity bills and a cap on bus fares at £2 from January.
  • The prime minister has also pledged to fix social care and ease the cost of living for citizens.
  • The Resolution Foundation estimates the business rate cuts alone will cost the government around £100 million per year, potentially requiring a "significantly revenue-raising Budget".

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