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The Latest Breaking News from John Healey

Energy Bills Rocket by £221 as UK Inflation Hits 2.9% in Fresh Blow for Millions of Households

UK inflation rose to 2.9% in July, driven by increased energy bills due to global tensions. The Bank of England maintains interest rates, while government measures aim to ease household pressures.

International Business Times UK

Can Andy Burnham rewire the ‘Treasury brain’ to boost growth?

PM wants to reduce department’s stranglehold on public purse and bring long-term thinking to economic policy

The Guardian - UK

No 10 North growth focus not a demotion for Chancellor, says Rayner

John Healey fully supports the move, according to the Prime Minister.

Evening Standard

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Rising inflation underlines scale of Andy Burnham’s cost of living challenge

PM’s plan to shield households from more pressure risks being overwhelmed by wider price rises

The Guardian - UK

‘Prolier-than-thou!’ Burnham accused of ‘desperate’ attempt to play up working class roots by novelist

THE TALK SHOW: Robert Harris tells The Independent’s editor-in-chief Geordie Greig that the Labour prime minister’s ‘desire to be liked’ risks making him look ‘facile and glib’

The Independent UK

Andy Burnham 'tax rises': JP Morgan boss warns higher bank and wealth levies risk driving jobs out of London

Jamie Dimon’s warning comes as the capital faces being hit with higher taxes to fund the Prime Minister’s ambitious plans

Evening Standard

Jamie Dimon Warns UK Bank Tax Hikes Could Trigger a New York-Style Finance Exodus: Report

JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon warned UK Chancellor John Healey that higher taxes on banks could drive financial jobs out of the country, citing New York as an example of the potential consequences, according to the Financial Times.

Benzinga

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JP Morgan boss warns UK chancellor not to hike taxes on banks

Jamie Dimon told the chancellor in a phone call that higher taxes can result in jobs being driven elsewhere, according to reports

The Independent UK

JP Morgan boss warns John Healey against raising bank taxes ahead of Budget

Jamie Dimon told the Chancellor in a phone call that higher taxes can result in jobs being driven elsewhere, according to reports.

Evening Standard

JP Morgan boss Jamie Dimon warns UK chancellor not to hike taxes on banks

Billionaire CEO of world’s biggest bank says any windfall tax on sector’s bumper profits could harm jobs in City

The Guardian - UK

After a golden summer, Andy Burnham braces for a stormy autumn

He’s riding high in the polls but the tough choices looming for our new PM will present a sobering reality check, writes Anne McElvoy

Evening Standard

Aviva boss urges Chancellor to clamp down on pre-budget policy rumours

Dame Amanda Blanc wants the Government ‘not to fly kites’ with possible policy changes ahead of the budget on October 28.

Evening Standard

Economy gets World Cup and hot weather boost but fears grow over Iran war hit

Official figures showed gross domestic product (GDP) rose by 0.4% between April and June, with better-than-forecast growth of 0.3% in June.

Evening Standard

UK economy shows surprising resilience – but that may not last

Weaker growth, rising energy costs and persistent inflation mean Britain could face tougher times in the autumn

The Guardian - UK

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Evening Standard

World Cup nets a boost for Burnham as GDP grows by 0.4% beating City expectations

Pubs and some other businesses did buoyant trade during the World Cup

International Business Times UK

Burnham To Ban Subscription Traps and Misleading 'Pretend Prices' in Efforts To Ease Cost of Living

Prime Minister Andy Burnham is advancing measures to combat subscription traps and misleading prices, aiming to implement new consumer protections by January 2027.

The Guardian - UK

Cut £175 from energy bills for low-income homes, says thinktank

Resolution Foundation proposes £2bn emergency scheme to help people facing higher costs this winter

The Independent UK

Royal Navy drone cameras linked to China raise security concerns

The breach is expected to spark wider concern about the security of military drone components

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The Independent UK

Burnham vows to tackle ‘rip-off’ subscriptions in cost-of-living crackdown

The PM will accelerate plans to force companies to make it easier to cancel subscriptions and provide more information about costs up-front rather than quietly auto-renewing them at a higher price

The Guardian - UK

Private pensions are a publicly subsidised gift to the wealthy

John Healey should equalise the tax break on pension savings to stop inequalities from widening

The Guardian - UK

Union calls for robust review of OBR over fears it holds back economic growth

TUC will urge John Healey to order ‘root and branch’ assessment of watchdog amid claims its forecasts downplay investment benefits

The Independent UK

You can’t trick the markets with extra borrowing, experts and former chancellor warn Burnham

Former Conservative chancellor Phillip Hammond told The Independent that the bond markets ‘will see straight through this ruse and price UK debt up accordingly’

The Independent UK

Minister forced to deny Andy Burnham is ‘too blokey’ after PM told to tone down beer and football references

PM and chancellor recently ranked bar snacks in a social media video designed to advertise government policy

The Guardian - UK

Healey urged to be bold on borrowing in first test of Burnham’s growth pledge

Some want the chancellor to exploit newly flexible fiscal rules – others want a more creative approach, such as borrowing from markets

The National (Scotland)

Andy Burnham and SNP urged not to 'fly the flag' for oil giants

Rumours have swirled about what a new Prime Minister means for climate action and the North Sea industry.

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