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Global Business News

The Economic Times

Global Business / The Economic Times

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UK's likely next leader Burnham to unveil plan to shift power from London

Andy Burnham, poised to lead Labour, will unveil a plan to shift power from London to Britain's regions, aiming to boost living standards through reindustrialisation and housing. His vision prioritises changing governance structures, not just leadership. Despite fiscal pressures, Burnham intends to adhere to Labour's pre-election pledges and the government's fiscal rules, promising stability.

29 Jun 2026 7:47 am