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INSANE: 8 | Vintage Vibes

Former defence secretaries back Healey plan to use war bonds to boost defence spending

Rachel Reeves rejected joining the Global Defence Bank set up by Canadian PM Mark Carney, but her replacement John Healey is understood to be reconsidering it

The Independent UK

Andy Burnham’s cost-of-living mission must not come at a heavy price

THE INDEPENDENT VIEW: Editorial: As the new government performs its first U-turn over tax threshold plans for the lowest paid, the prime minister must show he can match his welcome sense of urgency and compassion with better fiscal discipline

The Independent UK

Streeting says Burnham government will prioritise military over other spending

Defence secretary says he will give arms industry ‘clarity and confidence’ in contrast to row preceding Starmer’s exit

The Guardian - UK

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Burnham announces £2 bus fare cap across England from January

Measure to cost more than £500m, with money allocated to allow devolved nations to do the same

The Guardian - UK

The Treasury will check Andy Burnham’s ambitions – unless old orthodoxies are challenged

Fifty years ago, another Healey ran the Treasury. Today’s chancellor may find some things haven’t changed, says Guardian columnist Larry Elliott

The Guardian - UK

New UK PM touts 'cost of living government' with VAT cut and bus fare cap

Andy Burnham has used his first days in Downing Street to scrap the 5% VAT charged on household electricity bills and cap single bus fares in England at £2, telling his new cabinet that Britain now has a "cost of living government".

Euronews

Andy Burnham says he’ll end rough sleeping – here’s what’s needed to make it happen

On his first day as prime minister, Andy Burnham promised to end rough sleeping, and pledged an additional £340 million to the cause. A positive aim for society, to be sure, but what he didn’t mention is that we’ve nearly solved this before. The question isn’t whether ending rough sleeping…

The Conversation

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Will Andy Burnham commit to key defence spending demand?

IN FULL

The Independent UK

Andy Burnham fails to commit to Healey’s 3 per cent defence spending demand

Wes Streeting and Andy Burnham take up their roles after a row over defence spending plagued Sir Keir Starmer’s final weeks at No 10, amid mounting public pressure for the government to prioritise Britain’s ailing military

The Independent UK

Burnham reintroduces £2 bus fare cap reversing Starmer increase

The Prime Minister said ‘no-one should be priced out’ of using public transport.

Evening Standard

Chancellor John Healey faces serious challenges in funding Burnham’s grand aspirations

The UK’s new prime minister, Andy Burnham, laid out a radical agenda in his short speech upon taking office. He called for a long-term strategy to reverse 40 years of Thatcherism, and the privatisation and centralisation that resulted. Wisely, he put a ten-year horizon on these objectives and it is…

The Conversation

UK inflation falls to 15-month low in June thanks to lower petrol prices

Newly appointed chancellor John Healey says falling inflation is ‘news families want to hear’

The Independent UK

Who's in Andy Burnham's Government? Complete list of ministers chosen by new PM

Who are the new ministers in Andy Burnham’s Government?

Evening Standard

Britain's new prime minister must solve the old riddle of how to reinvigorate a slow-growing economy

Britain’s new leader, Andy Burnham, is facing the same old problem: How can he kickstart a sluggish economy so that growing companies and increased output generate enough additional revenue to boost defense spending and pay for everything else voters want without raising taxes

The Independent UK

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The Independent UK

In The Room | Andy Burnham is Prime Minister. Now what?

After weeks of speculation, Andy Burnham finally unveiled his first cabinet late on Tuesday, with John Healey the surprise choice as chancellor, Ed Miliband moving to the Foreign Office and Shabana Mahmood remaining as home secretary.

The Guardian - UK

Andy Burnham urges cabinet to examine ‘all possible ways’ to tackle cost of living crisis

As new prime minister briefs cabinet on ‘cost of living government’, critics ask where money will come from

The Guardian - UK

Fiscal hawk or big spender – what kind of chancellor will John Healey be?

The Independent UK

Voices: ‘Same gang, different seats’: Readers unimpressed as Andy Burnham names new cabinet

YOUR VIEWS: As Andy Burnham unveils his first cabinet, readers are debating whether familiar faces in new jobs amount to real change

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The Guardian - UK

Where will Andy Burnham find the money to fund his spending pledges?

The new PM is already under pressure to explain how he will pay for his ambitious plans to remake Britain

Evening Standard

FTSE 100 ends up as Healey pledges fiscal control

The index closed up 61.15 points, 0.6%, at 10,585.91.

International Business Times UK

JPMorgan's Jamie Dimon Warns Newly Sworn-In PM Andy Burnham Over Economic Plans

Jamie Dimon warns Andy Burnham that Britain needs stronger economic growth, as soaring debt, bond-market pressure and competing spending demands threaten the new PM's ambitious plans.

International Business Times UK

Day One Promise Delivered: PM Andy Burnham Cuts Electricity Tax for Immediate Relief

UK households will see reduced electricity bills as VAT is abolished, saving around £45 annually. The move, funded by cancelling the Digital ID programme, aims to ease cost-of-living pressures.

Evening Standard

Healey wants to build ‘new hope for Britain’ in first address to Treasury staff

The new Chancellor told staff in Whitehall fiscal control will be the ‘bedrock of stability’.

The Guardian - UK

Healey as chancellor? Streeting as defence secretary? This isn’t a cabinet to change the UK like Burnham promised

Putting Ed Miliband in charge of the Treasury would have signalled a genuine new era. Instead, the new PM has played it safe, says Guardian columnist Owen Jones

The Independent UK

More women than ever before – and more privately educated than Starmer’s: A closer look at Andy Burnham’s top team

Andy Burnham purged a number of Sir Keir Starmer’s close allies on Monday as he unveiled his new cabinet - but how different really is his top team from that of his predecessor? Millie Cooke and Albert Toth take a closer look

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