New UK Prime Minister Faces Challenge to Revive Slow-Growing Economy
Burnham plans to ease living costs and retool the economy as debt, defense and migration pressures limit room for action.
- The newly appointed British prime minister inherits the enduring challenge of revitalizing a sluggish national economy that has experienced decades of weak growth.
- Policymakers intend to implement a strengthened industrial strategy focused on safeguarding sovereign manufacturing and production capabilities in critical domestic sectors.
- The government plans to pursue a massive devolution of power and financial authority to regional leaders in an effort to boost productivity across underperforming areas.
- Elevated energy expenses and persistent cost-of-living pressures continue to constrain household budgets and hinder broader economic momentum.
- Business leaders emphasize that maintaining a predictable and competitive tax environment is essential for unlocking private investment and ensuring long-term prosperity.
48 Articles
48 Articles
UK economy at risk as bond yields send 'clear warning' to Andy Burnham that he 'cannot afford to ignore'
UK economy at risk as bond yields send 'clear warning' to Andy Burnham that he 'cannot afford to ignore' . Britain's economy is facing renewed pressure after government borrowing costs climbed to their highest level in months
Andy Burnham: How can the prime minister meet the government’s biggest challenges?
Andy Burnham: How can the prime minister meet the government’s biggest challenges? lauren.ornsby Thu, 23/07/2026 - 15:23 2 Carlton Gardens, London, SW1Y 5AA Hybrid event Wednesday 16 September 2026, 10:00 Institute for Government Machinery of government Government reform Labour Prime minister Institute for Government Wednesday 16 September 2026, 09:00 BST Civil service Policy making Parliament and the constitution An expert panel assesses Andy …
Burnham's Choice: 'Either Rejoin the EU - Or Accept Slow Growth'
Prime Minister Andy Burnham during a visit to a bus station in Bath to highlight what the Government is doing to help families with the cost of living, Wednesday 22 July 2026. Photo: Toby Melville/PA Images/AlamyBYLINE TIMES IMPACT: Find out about the changes you made happenIf Andy Burnham is serious about boosting the UK economy, he needs to take the country back into the European Union’s single market and customs union. That’s the uncompromisi…
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