Faisal Islam: The new PM has big ideas but what will they cost? As Andy Burnham settles into his new role as Prime Minister, the UK is bracing itself for a series of costly policy changes.
While many of these proposals sound appealing on paper – unfreezing income tax thresholds, investing in mass council house building, and tackling rough sleeping – the reality is far more complicated.
Burnham's team has floated the idea of lifting the income tax threshold from £12,570 to £13,000, which would cost at least £4 billion depending on inflation rates.