Keir Starmer once promised to ‘tread more lightly’ on voters’ lives. Yet he presided over a government that raised taxes faster than at any point since 1970. The bill has risen by £74.6 billion since the 2024 general election and there are still three years left of this parliament.

Upon entering Downing Street, Andy Burnham promised to do politics differently and ‘bring back hope’. Yet no amount of social media spin can wish away the constraints of the market. The new prime minister has so far avoided Liz Truss’s fate of a bond market panic but parliament has been in recess and Burnham’s plans remain vague. When MPs return on 1 September, he will face scrutiny; the countdown to John Healey’s first Budget, on 28 October, has begun.

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