The Burnham economy Fiscal constraints, growth challenges UK Economics Update Small, medium or big, the Budget is unlikely to spark growth Regardless of whether the Chancellor, John Healey, opts for a small, medium or big Budget, economic growth is unlikely to be much stronger over the next few years. Our hunch is that a medium-sized... 27th August 2026 · 6 mins read UK Economics Update What taxes could Burnham raise to fund his policy ambitions? With Labour MPs unlikely to stomach big spending cuts and the markets unlikely to tolerate big increases in borrowing, higher taxes perhaps worth up to 0.8% of GDP may do the heavy lifting in funding... 10th August 2026 · 5 mins read UK Economics Update Burnham’s ambitions will soon collide with fiscal reality The PM has so far outlined ambitious plans that might cost over £45bn (1.5% of GDP). But market constraints and his commitment not to hike the big three taxes means his ambitions will soon collide... 29th July 2026 · 4 mins read Capital Daily Burnham’s Gilt market luck may already have run out While recent economic data in the UK have painted a fairly favourable picture for the new Prime Minister, the resurgence of energy prices and upwards pressure on long-term government bond yields... 22nd July 2026 · 5 mins read UK Economics Weekly Burnham inherits economic resilience that won’t last The recent resilience of the UK economy is unlikely to last in the second half of the year when the full effects of higher energy prices are felt. Further ahead, Andy Burnham is unlikely to achieve a... 17th July 2026 · 10 mins read UK Economics Focus Why Burnham will struggle to revive UK growth Andy Burnham is unlikely to significantly boost the economy’s sustainable growth rate, partly because it is hard to do and he’s unlikely to have long to do it, but also because his diagnosis of the... 15th July 2026 · 15 mins read UK Housing Market Update Council house building unlikely to be as big as Burnham promises Andy Burnham’s plans to deliver a big increase in council house building to post-Second World War levels will be expensive and would almost certainly require a chunky rise in public borrowing. The... 2nd July 2026 · 3 mins read UK Housing Market Update Reintroducing Help to Buy wouldn’t solve housing’s problem While a new Help to Buy scheme would stimulate homebuilding in the near term, it’s not a sustainable solution to low housing supply. The government would be better off easing some of the structural... 29th July 2026 · 3 mins read UK Economics UK Fiscal Headroom Monitor An interactive guide to the impact of market interest rate expectations on the fiscal policy space available to the Chancellor. Event UK Drop-In: The Burnham government – will policy ambition collide with economic reality? 21st July 2026, 2:00PM BST From "the biggest council housebuilding programme since the post-war period" to "the biggest rebalancing of power our country has seen", Andy Burnham, the UK's next Prime Minister, has proclaimed...
UK Economics Update Small, medium or big, the Budget is unlikely to spark growth Regardless of whether the Chancellor, John Healey, opts for a small, medium or big Budget, economic growth is unlikely to be much stronger over the next few years. Our hunch is that a medium-sized... 27th August 2026 · 6 mins read
UK Economics Update What taxes could Burnham raise to fund his policy ambitions? With Labour MPs unlikely to stomach big spending cuts and the markets unlikely to tolerate big increases in borrowing, higher taxes perhaps worth up to 0.8% of GDP may do the heavy lifting in funding... 10th August 2026 · 5 mins read
UK Economics Update Burnham’s ambitions will soon collide with fiscal reality The PM has so far outlined ambitious plans that might cost over £45bn (1.5% of GDP). But market constraints and his commitment not to hike the big three taxes means his ambitions will soon collide... 29th July 2026 · 4 mins read
Capital Daily Burnham’s Gilt market luck may already have run out While recent economic data in the UK have painted a fairly favourable picture for the new Prime Minister, the resurgence of energy prices and upwards pressure on long-term government bond yields... 22nd July 2026 · 5 mins read
UK Economics Weekly Burnham inherits economic resilience that won’t last The recent resilience of the UK economy is unlikely to last in the second half of the year when the full effects of higher energy prices are felt. Further ahead, Andy Burnham is unlikely to achieve a... 17th July 2026 · 10 mins read
UK Economics Focus Why Burnham will struggle to revive UK growth Andy Burnham is unlikely to significantly boost the economy’s sustainable growth rate, partly because it is hard to do and he’s unlikely to have long to do it, but also because his diagnosis of the... 15th July 2026 · 15 mins read
UK Housing Market Update Council house building unlikely to be as big as Burnham promises Andy Burnham’s plans to deliver a big increase in council house building to post-Second World War levels will be expensive and would almost certainly require a chunky rise in public borrowing. The... 2nd July 2026 · 3 mins read
UK Housing Market Update Reintroducing Help to Buy wouldn’t solve housing’s problem While a new Help to Buy scheme would stimulate homebuilding in the near term, it’s not a sustainable solution to low housing supply. The government would be better off easing some of the structural... 29th July 2026 · 3 mins read
Event UK Drop-In: The Burnham government – will policy ambition collide with economic reality? 21st July 2026, 2:00PM BST From "the biggest council housebuilding programme since the post-war period" to "the biggest rebalancing of power our country has seen", Andy Burnham, the UK's next Prime Minister, has proclaimed...
