Burnham's Cost of Living Plan Costs Billions | Belfast News episode artwork

EPISODE · Jul 25, 2026 · 2 MIN

Burnham's Cost of Living Plan Costs Billions | Belfast News

from Belfast News Today | 2 Min News | The Daily News Now!

New PM Andy Burnham’s cost-of-living relief plan—cutting VAT on electricity, capping bus fares at £2, slashing business rates for pubs—is hitting a fiscal wall. The Resolution Foundation says it’ll cost over £2 billion by 2030, slashing government headroom from £23.6bn to just £8bn. Chancellor John Healey now faces tough choices: find new cash or hike energy bills by 5%. Funding includes scrapping a digital ID scheme, converting climate grants to loans, and trimming energy department budgets. Critics call it a “spending spree,” while Burnham launches “No 10 North” to rally communities. The funding debate is far from over. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2767db6c29b50dbd

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