Burnham: The Raid on Your 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, and is looking for a new revenue-generating target. His left-leaning socialist ideology points to a need for 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, 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 get Labour elected and it therefore needed to include firm promises on tax to convince the electorate that Labour had finally returned to 'electability'. Burnham knows that without going to the country for a separate mandate of his own, he is obliged to stick to its terms or f...