The Rest Is Money 318. What’s the cost of Andy Burnham's big plans?
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Oct 1, 2026 Andy Burnham’s ambitious economic reset takes centre stage, from reshaping the pension triple lock to creating an NHS-style social care system. Could Britain edge closer to Europe, and would it be welcomed back? The discussion also probes whether devolution and nationalisation add up to a credible growth plan, or risk unsettling investors.
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Robert Peston’s Rat Advice For Imposter Syndrome
- Robert Peston shared a rat-and-mouse comparison to explain how people can overcome imposter syndrome.
- His practical lesson was to do the work, justify your place, and stop behaving as though you are unwelcome.
Burnham Turns Labour’s Majority Into Hope
- Andy Burnham’s speech reset Labour’s political mood by pairing major policy changes with an emotionally persuasive vision of national renewal.
- Unlike Labour’s post-election focus on inherited deficits, Burnham used the majority to occupy political space with “Hope again.”
Why Pension Reform Could Save Billions
- Replacing the triple lock’s earnings link with inflation-or-2.5% protection could materially slow pension spending growth.
- The IFS estimated that applying the proposed rule since 2011 would have made this year’s spending £9 billion lower.