Burnham: The Raid on England's Personal Wealth
‘Middle England’ is worried…and so it should be. In his new role as our new PM, Burnham has, in his words ‘hit the ground running’ in his project to 'Manchesterise' Britain (or at least the non-devolved English part of it), and is looking hard for a new revenue-generating target. His left-leaning socialist ideology points to a need for across the board redistribution of the UK's wealth, and since most of the UK’s private money and assets are held by this disparate and normally compliant group of electors, and particularly those over 50, they are seen as a potential 'soft-touch' and are firmly in his sights….. One of the problems our new PM faces, however, is that he is severely constrained, as was his predecessor, by Labour’s 2024 manifesto. Starmer designed this specifically to make Labour seem fiscally competent enough to get him elected, and it therefore needed to include firm promises on tax to convince the electorate that Labour had finally thrown off ...