UK Prime Minister Andy Burnham has promised to help lower costs for businesses, particularly smaller ones, amidst a difficult financial outlook. In an interview with BBC Radio’s ‘Wake Up to Money’ programme, Burnham stated that his government’s budget, due on October 28, will look at business rates more broadly.

Business Rates and Rail Fares

Burnham also mentioned plans to remodel Britain’s rail fares system to benefit the public. He aims to increase state control over water, energy, and housing services to lower costs for households. The Prime Minister acknowledged that the cost of doing business is too high, especially for smaller businesses, and expressed his intention to do everything possible to help.

Burnham’s strategy involves an ‘accumulation of smaller things’ to ease pressure on household finances. He has previously ruled out tax increases on working people but has not ruled out other tax hikes to enact reforms to social care. The government has promised to stick to its fiscal rules, limiting the scope for additional borrowing.

Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.