Burnham: The Raid on England's Personal Wealth
‘Middle England’ is worried…and so it should be.... In his new role as our PM, Burnham has, in his own words, ‘hit the ground running’ in his project to 'Manchesterise' Britain (or at least the non-devolved English part of it). He is looking hard for new revenue-generating 'targets' to fund his many and varied 'projects' without 'spooking the markets' with a lot of extra borrowing. His left-leaning socialist ideology naturally points him towards across-the-board redistribution of the UK's wealth. Since most of the UK’s private money and assets are held by so-called 'Middle England', Burham sees this large, disparate and normally compliant group of electors (particularly those over 50), as a potential soft-touch....and they are therefore firmly in his sights as a potential 'cash cow'. One of the problems our new PM faces, however, is that he is severely constrained, as was his predecessor, by the wording of Labour’s 2024 manife...