Burnham’s economic blueprint focuses on small business and cost of living, FT reports

Newsquawk Staff · 8 Jul 2026, 18:39 UTC

The paper was drawn up by key Burnham adviser Miatta Fahnbulleh, a former minister and economist, as the prime minister-in-waiting rushes to pull together a plan for government ahead of his expected arrival in Downing Street on July 20.
Those briefed on Fahnbulleh’s economic plan said a key focus was to “immediately” get money into voters’ pockets to help with the cost of living, targeting energy bills and transport in particular.
Small and medium-sized companies would also be targeted for support. One idea floated by Fahnbulleh is a cut in the national insurance bill for SME employers, although she accepts that would be a matter for the next chancellor.

Sources

ft.com

What our latest note said

US Market Open, 21 Oct, 10:29 UTC · what it led with

Pakistan Army Chief Munir brought the "final warning" from the United States to Iranian officials, which called on Iran to submit to the US demands for concessions on the nuclear issue before taking any other steps.
The UK government has approved the Jackdaw North Sea gas field.

Read the whole note Free to read.

Newsquawk Daily

Get the next one free, by email.

What moved overnight, where stocks, bonds, currencies and oil stand, and what’s due today. Written by our analysts.

Both market-open notes, EU and US, every weekday. No account needed. Unsubscribe any time.

If you trade

This headline was on the Newsquawk live feed at 18:19 UTC.

Use the Platform opens our news terminal in your browser, with the live headline feed. It’s news, not a broker.

Use the Platform

Free. No signup, no card.

Case studies

Headlines that moved markets

Headlines from our feed, and what the market did next.

Iran and US talks continue, and reports that the deal is close are wrong.
WTI crude+1.5%
Mediation efforts said that "Qatar and Pakistan presented a 'compromise proposal' that meets the demands of both the American and Iranian sides", Al Araby Al Jadeed reports citing sources.
WTI crude−4.6%
"A breakthrough is expected to be announced this week to halt the escalation between Washington and Tehran", Al Araby Al Jadeed reports citing a source.
WTI crude−1.1%

See all 183

More on this story

Make Newsquawk a preferred source on GoogleSelect this to see Newsquawk more often in Top Stories when you search Google.

Sources

More on this story

Related headlines