The Treasury will check Andy Burnham’s ambitions – unless old orthodoxies are challenged | Larry Elliott
Some things never change. Fifty years ago, Britain was sweltering in the long hot summer of 1976. The Labour government was acutely aware that the financial markets were scrutinising its every move. And a man called Healey was running the Treasury. On the surface, the challenges facing John Healey are less severe than those Denis…
