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The Guardian Politics
What will Andy Burnham’s VAT cut on electricity bills mean for you?
New prime minister is implementing immediate tax cut to help ease cost of living pressures for British householdsAndy Burnham to cut VAT on electricity bills as first cost of living moveHousehold electricity bills for people in Great Britain will not attract VAT for six months, under the first of a series of cost of living measures announced by the new prime minister, Andy Burnham. Continue reading...
politics  Jul 21, 2026
BBC Politics
Who is the UK's new chancellor?
After becoming PM on Monday, Burnham appointed John Healey as chancellor, Ed Miliband as foreign secretary and Wes Streeting as defence secretary
politics  Jul 21, 2026
The Guardian Politics
From youth mobility to food exports: the outstanding EU dilemmas facing Burnham
European leaders have made positive noises about the new UK PM, but he is likely to face the same restrictions as StarmerUK politics live – latest updatesAndy Burnham is unknown in Brussels, but that will soon change. In his schedule for the autumn is an EU-UK summit that may underscore the same dilemmas that have confronted previous British prime ministers in the relationship with Europe.EU leaders were quick to offer congratulations to Britain’s prime minister, the seventh since the 2016 Brexi
politics  Jul 21, 2026
The Guardian Politics
World leaders congratulate Andy Burnham as he becomes Britain’s PM
Beyond the diplomatic platitudes global media focuses on the ‘immense’ scale of the challenge he faces in the jobUK politics live – latest updatesWorld leaders have warmly congratulated Andy Burnham on his entry into 10 Downing Street as Britain’s seventh prime minister in a decade, but international media largely focused on the scale of the challenges awaiting him.Emmanuel Macron, France’s president, said he hoped for a deeper relationship “in the service of our peoples, and by giving new momen
politics  Jul 21, 2026
The Guardian Politics
Defence shares rise after Andy Burnham appoints John Healey as chancellor
Babcock and BAE Systems benefit as markets hope former defence secretary will increase spending on sectorBusiness live – latest updatesShares in defence companies have risen sharply after Andy Burnham appointed John Healey as chancellor, prompting hope among investors of increased spending on suppliers to the military.Defence stocks were among the biggest risers on the FTSE 100 on Tuesday morning after the former defence secretary was announced as chancellor after markets closed on Monday. Babco
politics  Jul 21, 2026
The Guardian Politics
Andy Burnham promised urgent action on the cost of living; the heat is now on chancellor John Healey to deliver it | Alfie Stirling
The PM and the new boss at the Treasury face an even trickier task than their predecessors. They need a good plan, and we have oneAlfie Stirling is an economist and director of policy at the Joseph Rowntree FoundationAs Keir Starmer found, it takes more than words alone to warm a tepid bath. Voters reserve the greatest punishment for the politicians they think acted too little, or too late, to prevent them getting poorer. For Andy Burnham, much will now depend on whether he has got the right ide
politics  Jul 21, 2026
The Guardian Politics
Burnham cuts VAT on electricity bills in first major policy announcement – UK politics live
Move is expected to save households around £45 a year in effort to tackle cost of livingBurnham to cut VAT on electricity bills in first cost-of-living moveGood morning and welcome to our live coverage of UK politics. Andy Burnham has announced an £850m tax cut on electricity bills to help ease cost of living pressures in his first significant policy announcement as prime minister. It means that electricity bills will be reduced by an average of £45 a year from October.Downing Street said the mo
politics  Jul 21, 2026
The Guardian Politics
UK employers cut job vacancies as Burnham aims to lift living standards
Unemployment holds steady at 4.9%, underlining the challenge facing the new prime ministerBusiness live – latest updatesEmployers cut the number of job vacancies in May, according to official figures that highlight the UK’s “fragile” economic outlook amid the conflict in the Middle East.Job vacancies fell to 712,000 – almost half the level in 2022 – as employers put off hiring new staff in the three months to May, the Office for National Statistics said. Continue reading...
politics  Jul 21, 2026
The Guardian Politics
UK borrows less than expected in June in boost for Burnham
Figure of £16bn from ONS comes after new prime minister revealed plans to cut VAT on electricity billsBusiness live – latest updatesThe UK government borrowed less than expected in June, in a boost for Andy Burnham as he set out plans to cut VAT on household electricity bills and promised a new direction for the British economy.The Office for National Statistics (ONS) said public sector net borrowing – the difference between government spending and income – was £16bn last month, £7.9bn less than
politics  Jul 21, 2026

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