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Burnham Vows 0.48% Property Tax, Welfare Cuts as New PM

6/27/2026

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Burnham Proposes Tax
  • Andy Burnham proposes replacing council tax and stamp duty with a 0.48% property tax, costing £1,440 on a £300,000 home.
  • The Labour Party is expected to install Andy Burnham as Prime Minister after Sir Keir Starmer’s resignation, likely replacing Chancellor Rachel Reeves.
  • Burnham said he will cut welfare bill, funding preventative programs to move people into work.
  • The Crisis and Resilience Fund lets households apply for hardship payments, replacing Household Support Fund.
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