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Sunday, 1 November 2026

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Can Andy Burnham rewire the ‘Treasury brain’ to boost growth?

Markets Brief, UK brief (2026-08-19): Andy Burnham is far from the first prime minister to dream of taming the power of the mighty Treasury. Boris Johnson all but forced the resignation of Sajid… Primary source: original at The Guardian (theguardian.com).

Can Andy Burnham rewire the ‘Treasury brain’ to boost growth?

Andy Burnham is far from the first prime minister to dream of taming the power of the mighty Treasury.

Boris Johnson all but forced the resignation of Sajid Javid by handpicking his team; Margaret Thatcher favoured her economic adviser Alan Walters over Nigel Lawson, prompting the latter’s furious resignation; and Tony Blair and Gordon Brown’s power struggle was the stuff of Whitehall legend.

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