The PM's plan to dismantle 40 years of neoliberalism can't fall at the first hurdle
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THE CHANCELLOR MUST GO BIG TO KEEP BRITAIN ON BOARD
AI Summary:
The Central Challenge: Chancellor John Healey must prioritize solving the immediate cost-of-living crisis in the upcoming budget; failing to shield households from a renewed wave of inflation risks derailing Prime Minister Andy Burnham's broader agenda to end 40 years of neoliberal economic policy.
Targeted Living-Cost Relief:
Energy: Introduce an "essential energy guarantee" that supplies a baseline volume of energy to all households at a discounted rate.
Housing: Implement an emergency freeze on private rent increases as a precursor to a comprehensive fair rent system.
Transport: Reduce the bus fare cap to £1, fund expanded routes, and offer free bus travel to under-25s to boost youth employment.
Taxing Wealth and Windfalls: Offset new spending without driving up borrowing costs by:
Equalizing capital gains tax with income tax rates and broadening its application.
Extending National Insurance to rental income and dividends.
Levying a windfall tax on bank profits driven by high interest rates.
Macroeconomic Coordination: Using tax rises to fund price-lowering measures directly reins in inflation, reducing the pressure on the Bank of England to hike interest rates and thereby lowering the cost of government borrowing.
Long-Term Structural Reforms: Lay the foundations for an economy driven by public investment by accelerating funds for social housebuilding, easing municipal home buybacks, rethinking fiscal rules, and bringing key monopolies—beginning with Thames Water—back into public ownership.
Posted By: footymadman on October 20th 2026 at 15:10:24
Message Thread
- Burnham says he wants to ban VAR (Other Football) - shoddy, Oct 20, 10:14:15
- Not sure he did (Other Football) - SCC 28, Oct 20, 14:32:00
- Var is fine, it's the corruption using it which is the problem (n/m) (Other Football) - Lentil Weaver, Oct 20, 11:41:36
- its got fuck all to do with Burnham .... (Other Football) - ghostof barry butler, Oct 20, 10:51:44
- Yeah but have you noticed he’s actually trying to fix things that people don’t like? (Other Football) - Augustus Pablo, Oct 20, 11:20:37
- The PM's plan to dismantle 40 years of neoliberalism can't fall at the first hurdle (Other Football) - footymadman, Oct 20, 15:10:24
- Bloody experts at it again (Other Football) - paulg, Oct 20, 15:49:47
- perhaps he should be looking at the cost of fuel....... (Other Football) - ghostof barry butler, Oct 20, 12:00:04
- Only if you're happy for the government to borrow more or tax more (n/m) (Other Football) - jamesward, Oct 20, 12:06:36
- no i would like to see the welfare bill come down ..... (Other Football) - ghostof barry butler, Oct 20, 12:36:51
- room for savings here... (Other Football) - Pixelman, Oct 20, 14:59:08
- Means test the pension too (n/m) (Other Football) - jamesward, Oct 20, 15:11:50
- just abolish the pension entirely and invest it in defence (Other Football) - Tombs, Oct 20, 17:39:33
- down side to that .... (Other Football) - ghostof barry butler, Oct 20, 15:19:38
- Means test the pension too (n/m) (Other Football) - jamesward, Oct 20, 15:11:50
- Means testing PIP would help (n/m) (Other Football) - jamesward, Oct 20, 14:43:42
- TAX BILLIONAIRES MORE (unless you think they like you haha) (n/m) (Other Football) - footymadman, Oct 20, 14:38:29
- and yet you're happy with the size of tent bags?? (n/m) (Other Football) - Augustus Pablo, Oct 20, 13:32:20
- 🤣🤣🤣 (n/m) (Other Football) - ghostof barry butler, Oct 20, 13:39:57
- room for savings here... (Other Football) - Pixelman, Oct 20, 14:59:08
- borrowing more and taxing more will increase, not decrease, the cost of living (Other Football) - paulg, Oct 20, 12:13:56
- Yes, but how else do you raise the money to (Other Football) - jamesward, Oct 20, 14:42:43
- TAX BILLIONAIRES MORE (unless you think they like you haha) (Other Football) - footymadman, Oct 20, 14:44:14
- How does reducing welfare spending reduce the cost of fuel? (n/m) (Other Football) - megson, Oct 20, 13:03:17
- directly it doesn't but ......... (Other Football) - ghostof barry butler, Oct 20, 13:11:12
- TAX BILLIONAIRES MORE (unless you think they like you haha) (n/m) (Other Football) - footymadman, Oct 20, 14:38:48
- directly it doesn't but ......... (Other Football) - ghostof barry butler, Oct 20, 13:11:12
- Yes, but how else do you raise the money to (Other Football) - jamesward, Oct 20, 14:42:43
- no i would like to see the welfare bill come down ..... (Other Football) - ghostof barry butler, Oct 20, 12:36:51
- Only if you're happy for the government to borrow more or tax more (n/m) (Other Football) - jamesward, Oct 20, 12:06:36
- I'm looking forward to somebody sorting the spam emails and spam phone calls out... (Other Football) - Pixelman, Oct 20, 11:47:57
- One parking app for the entire country (n/m) (Other Football) - Old Git, Oct 20, 11:45:59
- YES!! And the same formatted parking machines and those at remote areas where there's no (Other Football) - Augustus Pablo, Oct 20, 13:34:40
- Our defence (n/m) (Other Football) - paulg, Oct 20, 11:57:38
- vmt (n/m) (Other Football) - jamesward, Oct 20, 11:50:29
- excellent news (Other Football) - Tombs, Oct 20, 11:48:29
- The PM's plan to dismantle 40 years of neoliberalism can't fall at the first hurdle (Other Football) - footymadman, Oct 20, 15:10:24
- Yeah but have you noticed he’s actually trying to fix things that people don’t like? (Other Football) - Augustus Pablo, Oct 20, 11:20:37
- Clement will be livid (Other Football) - Mk_Canary, Oct 20, 10:35:57
- Seems like this was the point he lost his mojo and the plot. (n/m) (Other Football) - lurd, Oct 20, 11:05:23
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