Burnham adviser calls for billions of pounds in borrowing for infrastructure

Burnham's chief economic adviser, Jim O’Neill, is advocating for increased borrowing to fund major infrastructure projects, signaling a potential shift from the policies of his rival, Keir Starmer. O’Neill, a former Goldman Sachs chief economist and minister, proposes establishing an independent body to manage these investments. This move could signify a new direction for Burnham's political strategy, emphasizing large-scale public works over austerity measures. Such a strategy could have significant implications for the UK's economic and social development.