Tuesday, 27 October 2026 Updated 41 min ago
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My advice for Burnham’s first budget? Hit the banks – and hit them hard | Polly Toynbee

We live by how we feel – an idea that orthodox economics gets wrong and Andy Burnham’s first budget looks set to get right.

Image accompanying the story: My advice for Burnham’s first budget? Hit the banks – and hit them hard | Polly Toynbee
Image: Photograph: Ian Vogler/AFP/Getty Images · via The Guardian

The Guardian reports: We live by how we feel – an idea that orthodox economics gets wrong and Andy Burnham’s first budget looks set to get right.

Bankers have barely begun to repay the billions they cost the country after 2008. In this PM they may have met their match Vibes matter.

This business story centres on the United Kingdom. Names and organisations mentioned in the coverage include Polly Toynbee, Andy Burnham and Burnham.

Why it matters

Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.

Key details

Location
United Kingdom · Europe
Reported by
The Guardian
First reported
Key names
Polly Toynbee, Andy Burnham, Burnham, PM
Section
Business
Figure cited
Eyecatching everyday things – from capping bus fares to that small but resonant sum of £45 VAT on average off electricity bills – get people… (The Guardian)

Sources

This is an independent summary. Read the full, original reporting from the publisher:

Read the full story at The Guardian

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