My generation has only known political chaos May 20, 2026 Not since Tony Blair has Britain had a political leader who was able to win a general election and actually enact major policy change. Which means that for people of my generation and younger, our entire adult lives have been lived under governments who couldn’t actually govern, says Emma Revell Here we go again. After a [...]
OBR chiefs warn jostling Labour MPs against fiscal rules change May 19, 2026 Office for Budget Responsibility chiefs have warned Labour activists against changing the fiscal rules and overall framework to account for longer term impacts of government investment. The OBR’s David Miles and Tom Josephs said a ten-year forecast horizon would make for a “less credible” economic report and may not have any impact on bond investors. [...]
Inflation, not Andy Burnham, is the culprit behind high Gilt yields May 19, 2026 Gilt Yields have more to do with inflation than the future of the Labour Party, says Tomasz Wieladek The debate about the future of the Labour Party’s leadership has revived a familiar narrative: that high Gilt yields are the verdict of financial markets on prospective changes to the government’s fiscal plans. The implication is that [...]
Burnham calls for UK to abandon ‘40 years of neoliberalism’ May 18, 2026 Labour leadership hopeful Andy Burnham has called for the UK to abandon “40 years of neoliberalism” as he claimed that Westminster politics had failed northern communities. In what is being widely interpreted as Burnham’s Labour leadership launch speech, he said that the upcoming by-election in Makerfield was a chance for a “much bigger debate about [...]
Labour’s leadership Phoney War continues, this time as farce May 18, 2026 Labour is conducting Schrodinger’s leadership election and it’s increasingly looking like I, Claudius performed b y the cast of Up Pompeii, says Eliot Wilson Following Labour’s punishment beatings in the local and devolved parliamentary elections, the guerrilla war over Sir Keir Starmer’s leadership of the party has finally erupted into open warfare. Or has it? [...]
Innocent smoothie boss bananas for EU red tape reset May 18, 2026 The boss of smoothie giant Innocent has backed closer ties between the government and the European Union, in the same week Labour leadership hopeful Wes Streeting threw his weight behind a return to the bloc. Nick Canney, chief executive of Coca-Cola-owned Innocent Drinks, told City PM that closer ties with the EU would be “helpful” [...]
The story of Keir Starmer’s failure is boringly familiar May 18, 2026 Keir Starmer’s fate was not brought about chiefly by his lack of personality. It was the predictable result of the economic conditions that have wracked Britain for almost two decades, a political system poorly attuned to fixing them, and more than a little of his own hubris, says Andrew Griffith Analysing why Keir Starmer failed [...]
Kemi Badenoch warns of ‘Burnham premium’ on mortgages May 17, 2026 Kemi Badenoch has warned that Andy Burnham would saddle the UK with a “Burnham premium” on mortgages and borrowing costs as Labour’s leadership crisis continues following the mayor’s planned return to Westminster. The Conservative leader seized on mounting speculation around Burnham’s ambitions after the Makerfield by-election became the latest flashpoint in Labour’s increasingly public civil [...]
Andy Burnham plots Westminster return warning Labour has ‘let people down’ May 17, 2026 Andy Burnham has moved a step closer towards a return to Westminster after confirming that winning the forthcoming Makerfield by-election would be the “first stage” in a wider bid to reshape Labour. The Greater Manchester mayor has repeatedly distanced himself from Sir Keir Starmer’s government, criticised Britain’s economic direction over the past 40 years and [...]
Burnham return attempt ushers new borrowing cost record May 15, 2026 Manchester mayor Andy Burnham’s attempt to return to parliament has alarmed traders as gilt yields reached another 28-year high, beating last week’s high. Burnham overcame the first hurdle on his path towards becoming Prime Minister after Josh Simons, the MP for Makerfield, announced he would resign on Thursday night to let the Manchester mayor try [...]
