Stop wasting money on short-term fixes, Labour think tank tells Burnham

The Daily Telegraph · Dominic Penna ·

Prime Minister should save resources to fund tax cuts in the run up to the next election, says ThinkLabour

The Prime Minister has focused on a tranche of smaller cost-of-living measures since taking office in July, delaying major decisions and expensive policy roll outs until next year.

However, an essay by the ThinkLabour think tank, which is on the moderate wing of the party, urged Mr Burnham to change course and stop spending billions on small giveaways to save money for potential tax cuts in the run up to the next election.

Dan Mead, ThinkLabour’s economic adviser, said: “The Government should now pivot and save scarce fiscal resources, rather than continue to spend them on further cost of living measures.”

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