Burnham Warned: Must Raise Taxes or Cut Spending to Fund Pledges Amid Economic Strain

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Economy

29 July 2026 at 7:21 am

Burnham Warned: Must Raise Taxes or Cut Spending to Fund Pledges Amid Economic Strain

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Summary

A leading economic think tank has warned Burnham that he will need to either raise taxes or cut spending to fund his pledges, citing no capacity for further borrowing amid rising inflation and plummeting growth.

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