Labour lurches to the Left: Burnham snubs City meeting as he vows nationalisation and hints at tax hikes… while Streeting defends focus on Gaza

Labour leader Andy Burnham has shifted to more leftist policies, snubbing a meeting with City hedge fund managers to focus on nationalization and potential tax increases. This move signals a departure from traditional Labour economic strategies and could raise concerns among financial investors about the party's direction. Meanwhile, fellow Labour MP Wes Streeting defended the party's focus on international issues like the Gaza conflict, suggesting a broader shift in priorities. This realignment might affect Labour's appeal to centrist voters and its economic credibility.