Manchester Mayor’s push for public ownership relies on taxes and borrowing Daily Telegraph Published 19 May 2026 During the 2024 general election campaign, I worked as an adviser to Jeremy Hunt and remained at the Treasury to help ensure the basic machinery of government continued to function. But as the outcome of that election was pretty obvious, it was clear Treasury officials were starting to prepare for Labour. Now that Andy Burnham has a reasonable shot at quickly becoming prime minister, something similar will be happening at 1 Horse Guards Road. Civil servants will already be asking themselves what a Burnham premiership would mean for the next Budget, the fiscal rules and the tax system. The bond markets appear to have given their verdict. Ten-year gilt yields have remained above 5pc for days, prompting increasingly awkward attempts at reassurance from the Mayor of Greater Manchester. He first offered a vague commitment to “fiscal rules” in general before aides later c...
Starmer’s party is caught between Rejoiner instincts and Leave-voting heartlands it cannot afford to alienate Daily Telegraph 18/05/26 Brexit is an issue that divides us, both as a nation and as political factions within that nation. Europe was the key fault line within the Conservative Party from the late 1980s until our withdrawal from its political structures was finally achieved in January 2020. The downfall of at least four Tory prime ministers – Thatcher, Major, Cameron and May – can be attributed to internecine conflict about our place in Europe. Today it is Labour’s turn to suffer. The party has a problem that cannot be squared. Sir Keir Starmer and all his leadership rivals seemingly believe that Brexit was a colossal mistake and that they must do all within their power to reverse it in spirit if not in name. But natural Labour supporters in the party’s traditional heartlands overwhelmingly voted to take back control, to regain our sovereignty, in 2016. Most would do so a...