Get the app →
BriefTea logoBriefTea

Every story in sixty words

Get the free app no ads · no paywall

News · 28 June 2026

Burnham ally urges higher taxes and more borrowing

Burnham ally urges higher taxes and more borrowing

Photo by Towfiqu barbhuiya on Unsplash

A close ally of Andy Burnham, Louise Haigh, has proposed significantly increasing capital gains tax and relaxing borrowing rules. She wants to see capital gains tax brought closer to income tax, including a new "death tax" on inherited wealth. Haigh also suggests dismantling the Treasury and allowing the National Wealth Fund to borrow more.

Reported by The Telegraph · How we write briefs

More briefs

WorldTrump says America might bomb Iran's underground Pickaxe Mountain nuclear site PoliticsAndy Burnham rules out Scottish independence vote while offering more local powers GeneralObama praises Manchester workers who starved for US anti-slavery fight GeneralEnergy firms get winter loss protection if customers switch to cheaper deals SportsWhy HMRC just got £110m from football tax checks BusinessPound climbs to $1.3329 after strong August UK growth data Browse all stories →