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Daily Herald #FBPE #NAFO 🇬🇧🇺🇦🇬🇱
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Burnham's potential win would let him join Parliament for a leadership bid amid Labour's struggles, while Reform seeks a breakthrough and Restore tests its appeal
Daily Herald #FBPE #NAFO 🇬🇧🇺🇦🇬🇱
Paul Mason: "Some of the is usual rent-a-gob from privileged bond traders but Labour members must take deadly seriously the possibility of a bond market reaction to a needless Labour leadership election." 1/~
Makerfield By-Election Pits Burnham Against Reform in Tight Race
Voters in Makerfield head to polls on June 18 after Labour MP Josh Simons resigned last month, opening the seat for Burnham as Labour's candidate.
2/ "There is no clear "Burnham" programme - and there's a clear danger of a coalition of disparate forces emerging that creates an incoherent programme - plus governing is hard" ...
3/ "The most successful ministers spent >2 years prepping for government. Ignore any left economist who tells you the bond markets don't matter, or that it's all the Bank of England's fault" ...
5/ "it's why an early leadership challenge by Wes or Andy would be totally ill advised."
Labour says it's fairer for the 94% in state schools with early revenue exceeding forecasts.
Polls show Burnham leading Reform UK's Robert Kenyon, a local plumber and councillor, at 49% to 39%, though earlier surveys were neck-and-neck and a right-wing split with Restore Britain's Rebecca Shepherd adds uncertainty.
Daily Herald #FBPE #NAFO 🇬🇧🇺🇦🇬🇱
4/ "The profound changes in who buys UK gilts mean any sudden change risks a sudden stop, as with Truss. And that's before we get to direct investment, which many international firms are preparing to pause due to leadership speculation against Starmer."
Labour MP Defends VAT on Private School Fees Amid Enrolment Drop
The Labour government's policy, effective from January 2025, added VAT to private school fees and cut business rates discounts to raise £1.8 billion yearly for 6,500 more state school teachers.
