Thursday, 03 September 2026
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United Kingdom News from United Kingdom · WORLD EUROS
Nº 54 Thursday, 03 September 2026
National

Andy Burnham sparks fears of huge tax hikes in just WEEKS as new PM faces devastating £14BILLION black hole

Andy Burnham sparks fears of huge tax hikes in just WEEKS as new PM faces devastating £14BILLION black hole
Sources: GB News

Andy Burnham has sparked fears of huge tax hikes in his first Autumn budget in an attempt to balance the books. The Prime Minister repeatedly declined to answer questions about whether he would raise taxes as he faces a £14billion shortfall. Ahead of his first Prime Minister's Questions, Mr Burnham faces a surge in gilt yields that will squeeze his plans for higher spending, with Britain’s borrowi

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