From "the biggest council housebuilding programme since the post-war period" to "the biggest rebalancing of power our country has seen", Andy Burnham, the UK's next Prime Minister, has proclaimed ambitious plans to remake the economy.
But will policy ambition collide with economic reality? Our economists assessed Burnham's prospects for reviving growth in the face of the UK's economic and fiscal constraints.
In this concise Drop-In, led by Chief UK Economist Paul Dales, the team answered your questions about the new government's plans and addressed key issues, that included:
- What a Burnham premiership can do to reignite economic growth
- Whether the fiscal rules will need to be loosened to deliver his policy ambitions
- How much additional borrowing financial markets would tolerate
- Whether Burnham's home-building plans can succeed.
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