Politics · 20 July 2026

Burnham becomes PM with UK economy in third-best state in 50 years

Andy Burnham takes office as Prime Minister today with the UK economy in a stronger position than most of his predecessors in the last five decades. Inflation is expected to fall to the Bank of England's 2% target in his first year. Public sector borrowing is also forecast to shrink, giving his government more financial flexibility.

By BriefTea Editorial · 20 July 2026 at 9:49

Reported by inews.co.uk · How we write briefs

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