Burnham promises help with your money. How could it affect you?
Many people, he has previously said, can't go out for a pint on a Friday, can't take the kids out, and can't go on holiday owing to the pressure on their finances.The cost of living has dominated people's lives in recent years, and - to some extent - our politics too. A chancellor saying it is the "number one focus".However, these words weren't spoken by the incoming PM and chancellor, but by Sir Keir Starmer and Rachel Reeves - and only in January this year.They removed £150 from a typical annual domestic energy bill in April, by cutting some levies and moving others onto taxation. But, those bills soon went up again, as did the cost of food and mortgages, owing to the impact of the US-Israeli strikes on Iran.
- ▪Many people, he has previously said, can't go out for a pint on a Friday, can't take the kids out, and can't go on holiday owing to the pressure on their finances.The cost of living has dominated people's lives in recent years, and - to som
- ▪A chancellor saying it is the "number one focus".However, these words weren't spoken by the incoming PM and chancellor, but by Sir Keir Starmer and Rachel Reeves - and only in January this year.They removed £150 from a typical annual domest
- ▪But, those bills soon went up again, as did the cost of food and mortgages, owing to the impact of the US-Israeli strikes on Iran.
Opening excerpt (first ~120 words) tap to expand
Burnham promises help with your money. How could it affect you?Image source, Getty ImagesByKevin PeacheyCost of living correspondentPublished20 July 2026, 13:15 BSTUpdated 6 minutes agoIn his first speech as prime minister, Andy Burnham has promised to give people more "breathing space" to help with the cost of living.Policies will be announced on Tuesday - his first full day in the job.Cost of living is a key issue for Burnham. Many people, he has previously said, can't go out for a pint on a Friday, can't take the kids out, and can't go on holiday owing to the pressure on their finances.The cost of living has dominated people's lives in recent years, and - to some extent - our politics too.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at BBC News — Business.