PM admits cost of living help is not enough and hints at further support
The PM has announced a rake of measures to help people since taking office three weeks ago.
Prime Minister Andy Burnham has admitted that his cost of living initiatives are insufficient on their own and hinted at additional support. He told BBC's Wake up to Money that he will deliver a series of smaller measures that together will alleviate pressure on household budgets. Burnham discussed an overhaul of train fares and enhanced public control of energy, water, and housing, though he did not provide specifics on how these changes would be implemented.
He acknowledged that the changes he has announced may not be significant enough for those struggling, but he remains committed to addressing the issue. Burnham also expressed support for more public control over essential services like water, energy, and housing, which he believes could lead to a more substantial solution to the cost of living crisis.
He emphasized that water privatization in England and Wales is deeply entrenched, but he is actively seeking ways to address the situation. Burnham has asked Chancellor John Healey to focus on addressing the cost of living in the upcoming Budget on October 28th, and Healey has stated that fiscal discipline will be a priority. Burnham expects Healey to oversee strong fiscal discipline, which may limit the government's spending capacity.
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