
The Treasury will check Andy Burnham’s ambitions – unless old orthodoxies are challenged | Larry Elliott
- Larry Elliott compares John Healey's chancellorship to Denis Healey's in 1976.
- Burnham wants to challenge fiscal orthodoxy and reindustrialise Britain.
- Treasury power still likely to constrain Burnham's economic ambitions.
The article, an opinion piece by Larry Elliott, examines the early days of Andy Burnham's premiership and John Healey's chancellorship, drawing parallels with Denis Healey's tenure at the Treasury 50 years ago during the 1976 economic crisis. It argues that while today's economic backdrop is less dire, John…







