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Exclusive: Andy Burnham interview on how he will seek to revive the northern leg of HS2 using Crossrail style funding to ease the burden on the Treasury.
He also talks about bringing utilities back under public ownership and wanting the biggest council house building programme of the “post-war period.”
The pitch doubles as fiscal discipline. He argues that if you rein in the unregulated rents that inflate the housing benefit bill, you can then give the country “a grip on its costs”.
To those who say he is careless in his approach to the bond markets, he retorts that “the reverse is true”. He claims that his plan for a ten-year investment plan to “bring down the revenue budget” is precisely “something that the bond markets might appreciate”.
The i Paper@theipaper
Andy Burnham: I’ll resurrect HS2 from Birmingham to Manchester trib.al/75pxqXU
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