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FORGOTTEN HISTORY: 4 - Caught on Camera

Andy Burnham and John Healey must cheer on the wealth creators

THE INDEPENDENT VIEW: Editorial: The prime minister should listen to Jim O’Neill, economist and former Treasury minister, and avoid further taxes on business

The Independent UK

The key issues facing Andy Burnham when parliament returns next week

The prime minister’s first full term in power could spell the end of his political honeymoon

The Independent UK

Trump Threatens To Oppose Britain's Falklands Sovereignty if Burnham Fails To Raise Defence Spending

The Trump administration is considering using the Falkland Islands as leverage to pressure the UK into increasing defence spending, amid ongoing discussions about Nato commitments and military roles.

International Business Times UK

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US considers new ultimatum to UK over Falklands

Donald Trump’s administration is reportedly looking for ways to incentivise the UK to increase its defence investment

The Independent UK

Tax promises, defence targets and Iran: Andy Burnham’s budget headaches

As economic circumstances worsen, the PM’s commitments have left him and the chancellor in a tight spot

The Guardian - UK

Stocks rise as Fed chairman fuels US rate-hike bets

In London, defence stocks were among the worst performers in the FTSE 100 amid uncertainty over government spending.

Evening Standard

Healey’s budget to duck setting a date for 3% defence spending target

Roadmap for increasing department’s share of GDP will be deferred until next year’s review

The Guardian - UK

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No more UK energy bills support likely before price cap rise

Andy Burnham stops short of pledging further help as gas and electricity prices due to increase by 4% in October

The Guardian - UK

Healey: £71m investment to reopen tungsten mine is ‘backing British industry’

The Hemerdon tungsten and tin mine in Devon will receive up to £71 million from the National Wealth Fund.

Evening Standard

Burnham refuses to rule out tax rises in upcoming autumn Budget

‘We have a manifesto and I will honour that manifesto’

The Independent UK

Burnham says UK in ‘challenging position’ as he declines to rule out tax rises in autumn Budget

Questions remain over how some of Burnham’s promises will be paid for

The Independent UK

From welfare to prisons: the challenges for Burnham when MPs return to Commons

PM’s honeymoon period will come to an end as he makes decisions on the budget, welfare, migration and prisons

The Guardian - UK

Londoners face 'sinister' Government home inspections as part of mansion tax enforcement

Valuation agents working for HMRC will visit properties to assess whether they are worth more than £2 million and therefore liable for the new levy

Evening Standard

Burnham to dispatch 100 Whitehall officials to help regional mayors

Civil service scheme announced after PM convened local leaders to ‘situation room’ meeting from No 10 North

The Guardian - UK

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The Guardian - UK

Labour stalling on Jackdaw and Rosebank because ‘heart’s not really in it’, says Badenoch – as it happened

Conservative leader says it is essential decision on oil and gas fields made as soon as possible, despite widespread concerns about climate impact

The Guardian - UK

UK reports unexpected deficit of £1.8bn as John Healey prepares for first budget

July data shows total public debt was £2.98tn, or 94% of GDP – up £96bn on a year earlier

Evening Standard

New Chancellor given pre-Budget challenge as borrowing jumps unexpectedly

The ONS said government borrowing stood at £1.8 billion in July, £700 million more than a year ago.

The Independent UK

UK debt nears £3 trillion as government borrowing unexpectedly climbs

Most economists had forecast zero borrowing last month while the OBR had predicted a £500 million surplus

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International Business Times UK

Energy Bills Rocket by £221 as UK Inflation Hits 2.9% in Fresh Blow for Millions of Households

UK inflation rose to 2.9% in July, driven by increased energy bills due to global tensions. The Bank of England maintains interest rates, while government measures aim to ease household pressures.

The Guardian - UK

Can Andy Burnham rewire the ‘Treasury brain’ to boost growth?

PM wants to reduce department’s stranglehold on public purse and bring long-term thinking to economic policy

Evening Standard

No 10 North growth focus not a demotion for Chancellor, says Rayner

John Healey fully supports the move, according to the Prime Minister.

The Guardian - UK

Rising inflation underlines scale of Andy Burnham’s cost of living challenge

PM’s plan to shield households from more pressure risks being overwhelmed by wider price rises

The Independent UK

‘Prolier-than-thou!’ Burnham accused of ‘desperate’ attempt to play up working class roots by novelist

THE TALK SHOW: Robert Harris tells The Independent’s editor-in-chief Geordie Greig that the Labour prime minister’s ‘desire to be liked’ risks making him look ‘facile and glib’

Evening Standard

Andy Burnham 'tax rises': JP Morgan boss warns higher bank and wealth levies risk driving jobs out of London

Jamie Dimon’s warning comes as the capital faces being hit with higher taxes to fund the Prime Minister’s ambitious plans

Benzinga

Jamie Dimon Warns UK Bank Tax Hikes Could Trigger a New York-Style Finance Exodus: Report

JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon warned UK Chancellor John Healey that higher taxes on banks could drive financial jobs out of the country, citing New York as an example of the potential consequences, according to the Financial Times.

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