Economists urge Andy Burnham to overhaul tax system for £75 billion boost
Prominent economists, including Jim O’Neill, urged Andy Burnham to implement a radical fiscal overhaul upon his expected confirmation as prime minister. They propose replacing six major taxes with a single levy, potentially generating an additional £75 billion annually. Critics question the assumptions behind this ambitious plan, which aims to reform Britain's bloated tax system.
How does this story land?
Summary by OZbrief Editorial · The Guardian Australia – Business · Source
Take it further — get the full app and never miss a moment of what's happening in Australia.
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
Published 09 Jul 2026, 12:58 UTC · Updated 09 Jul 2026, 13:20 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
Trending
- Lachie Perrem suffers severe burns after robotic vacuum explodes at home
- Launceston entrepreneur's $80 million creative precinct plan falters amid insolvency links
- Meet the comedian parodying Karl Stefanovic: ‘He’s cosplaying a conservative’
- Workplace watchdog rules on Jess Wilson’s forklift-driving social media stunt
- Anastasia fought the justice system twice. Her rapist’s punishment has devastated her
- Digital guide enhances experience at Museum of the Goldfields