What does an Andy Burnham-led government mean for your money?

Core point

In his first speech as prime minister, Andy Burnham promised to provide people with more 'breathing space' regarding their finances. He is considering changes to the tax-free personal allowance ahead of his first Budget in the autumn. The cost of living is a significant concern for many, affecting their ability to afford basic activities. Burnham's plans may involve tough funding choices to support transport costs and affordable housing.