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The Latest Breaking News from Andy Burnham

Martin Lewis issues warning to Britain’s new chancellor John Healey over ‘many outstanding consumer issues’

The MoneySavingExpert founder called John Healey’s appointment a ‘surprise’

The Independent UK

Andy Burnham promised urgent action on the cost of living – the heat is now on chancellor John Healey to deliver it

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 one, says Alfie Sirling of the Joseph Rowntree Foundation

The Guardian - UK

‘Honour’ for Douglas Alexander to stay as Scottish Secretary under Burnham

Mr Alexander was appointed by Sir Keir Starmer, and held on despite the new PM purging a number of leading figures from the Cabinet.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Andy Burnham rules out 'further referendums' in first call with devolved leaders

PRIME Minister Andy Burnham has ruled out “further referendums” in calls with devolved leaders, Downing Street has said.

The National (Scotland)

UK leader Burnham gathers his Cabinet after sweeping away Starmer supporters

New UK Prime Minister Andy Burnham is gathering his Cabinet after removing allies of predecessor Keir Starmer from the government

The Independent UK

Dollar wavers as markets grapple with Gulf tensions

The US dollar hovered near a one-week high as investors weighed escalating Middle East tensions against hopes for a ceasefire. Concerns over energy supplies supported the greenback, while the yen and euro remained largely steady. The British pound edged higher after UK Prime Minister Andy Burnham reaffirmed his commitment to…

The Economic Times

Euro zone bond yields tick higher as oil remains elevated; eyes on ECB

Euro zone government bond yields are rising as oil prices remain elevated. This situation threatens inflation outlook and supports tighter European Central Bank policy. Investors are also watching Britain's gilt market after new Prime Minister Andy Burnham's appointment. Germany's 10-year bond yield reached its highest level in eight weeks. The…

The Economic Times

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Andy Burnham's Cabinet Shake-up Explained: What Happened to Rachel Reeves and Other Starmer Allies?

Former Chancellor Rachel Reeves is among the high-profile figures to lose a key cabinet position in Andy Burnham's government.

International Business Times UK

Thames Water lenders consider offering ‘golden share’ to avert nationalisation

London & Valley Water said ‘material improvements’ are being made on its previous £10 billion proposal to appease government concerns over the deal.

Evening Standard

Who Is John Healey? Meet Andy Burnham's New Chancellor and Former Defence Secretary

Veteran Labour politician John Healey is returning to the Treasury after being named Chancellor in Andy Burnham's first Cabinet reshuffle.

International Business Times UK

What does Burnham’s VAT cut mean for your energy bills?

First major move by new PM aimed at giving families ‘breathing space’

The Independent UK

Thames Water investors offer ‘golden share’ in bid to head off nationalisation

Move would give government veto over big decisions and hostile takeovers, after Burnham’s call for greater public control

The Guardian - UK

Anas Sarwar reportedly set to quit as Scottish Labour leader to be minister in Andy Burnham’s government – as it happened

Sarwar expected to be elevated to Lords to take up a ministerial post at revamped Department for Business, Innovation, Science and Trade

The Guardian - UK

John Swinney sets out independence mandate to Andy Burnham in first call with new PM

John Swinney has told the new Prime Minister that with a pro-independence majority in Holyrood, the future of Scotland must be "decided by the…

The National (Scotland)

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The Guardian - UK

Andy Burnham to cut VAT on electricity bills as first cost of living move

Newly appointed chancellor John Healey says reduction will be funded by cancelling digital ID scheme

The Guardian - UK

JP Morgan boss warns of ‘consequences’ if Burnham taxes banks

Higher taxes on sector could threaten plan for £3bn headquarters in London, says Jamie Dimon

The National (Scotland)

Douglas Alexander retains Scotland Secretary role as Andy Burnham appoints Cabinet

DOUGLAS Alexander has retained his position as Scotland Secretary in Andy Burnham's new Cabinet

The Times of India

Jonathan Reynolds ‌for business, Angela Rayner for housing: Meet UK Cabinet under PM Burnham

Britain's new Prime Minister Andy Burnham has appointed Jonathan Reynolds and Angela Rayner to key roles. Reynolds returns as secretary of state for business, innovation, science, and trade. Angela Rayner is back as housing minister after a previous resignation. Burnham's new government features a complete cabinet overhaul and new appointments.…

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The Guardian - AU

Afternoon Update: Kumanjayi Little Baby review exposes failures; Gaza celebrates Spain’s World Cup win; and the case for nude saunas

Interim report tabled in NT parliament unable to draw a link between child protection referrals and the five-year-old Warlpiri girl’s death

The Guardian - UK

Racing fearful Burnham and new government may have gambling in sights

A ban on bookies sponsorship in sport that did not exempt horse racing would be potentially ruinous for the industry

The Guardian - UK

Miliband has been relentlessly attacked for net zero; what will happen now?

Tories, Reform, fossil fuel industry and some in his party lined up against decarbonisation target as energy secretary

The Guardian - UK

Oil price rises above $90 as US and Iran exchange fire and Houthis threaten naval blockade in Saudi Arabia - as it happened

Rolling coverage of the latest economic and financial news

Evening Standard

Andy Burnham announces £850m VAT cut on energy bills to ease cost-of-living

Prime Minister Andy Burnham said the measure would put money in people’s pockets and ‘bring back hope’.

Euronews

Trade, trophies and tanks

In today's newsletter: A team of Members of the European Parliament travel to China, Spain's reigning champions tour Madrid, and an expert explains the point of Europe's military parades.

International Business Times UK

Andy Burnham Promises Cost-of-Living Relief: What Could Change for Households First?

Andy Burnham's government aims to ease Britain's cost-of-living crisis with potential measures like lower energy bills and capped bus fares, offering households quick relief amidst rising costs.

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