New potential Labour leader but same old handlers
Like Starmer’s appointment in 2024, Burnham’s potential win is a win for the financial overlords of Britain’s political establishment.
The focus is firmly on Burnham who is on the path to oust Starmer as PM by winning a parliamentary seat in Makerfield.
Burnham’s establishment handlers
However, reports suggest that Burnham’s advisers are the same handlers long embedded within Britain’s tone-deaf establishment.
Jim O’Neill, a former chairman of Goldman Sachs Asset Management and a former Tory minister, is one of the advisors connected to Burnham.
O’Neil served under David Cameron’s government as Treasury minister. Burnham has also chosen Richard Hughes, the former OBR chair — who was forced to resign following the leaked budget last year — as well as ex-Bank of England chief economist Andy Haldane.
NEW: Andy Burnham is taking advice from a trio of top economists: Andy Haldane, former chief economist at Bank of England, Richard Hughes, former director of OBR, and Jim O’Neill, former chair of Goldman Sachs.
His team will hope this helps reassure the financial markets which…
— Pippa Crerar (@PippaCrerar) June 18, 2026
According to the FT, Hughes, a senior economic adviser at London-based fund manager Taula Capital, is “largely well regarded by economists.”
City AM has described them as a “crop of heavyweight economic advisers.” This is jargon for people for whom the capitalist system is functioning extremely well. They’ll do everything in their power to preserve that status-quo.
According to Bloomberg:
Burnham is seeking to bolster his economic advisory line-up ahead of a widely expected leadership bid this summer. The Greater Manchester mayor is seen as an unknown quantity by investors, some of whom are worried he could back a looser fiscal policy.
Zoe Billingham is the head of the IPPR North think tank. In addition, Mark McVitie, the former Labour Growth Group chief, will also be the new groupies, Bloomberg added.
Bankers prioritised
Labour has been great at prioritising the interests of bankers. In fact, some are already grieving the prospect of Starmer’s departure as PM.
FT even acknowledged that bank executives admitted that Starmer’s government gave them an “astonishing escape” by not raising taxes. This was something any other chancellor other than Rachel Reeves would have done.
Banks brace for tax raid if Starmer is ousted https://t.co/7DluamrQg3
The FT‘s fears have been neutralised, with it now saying that Burnham has been seeking to “distance himself” from his comments in September. Previously, in those comments, Burnham said the UK needed to get “beyond this thing of being in hock to the bond markets.”
So much for a change, eh?
Featured image via the Canary
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Burnham doncha just…. He might fool the pie eaters, but he don’t fool me. However the poster child of those that cling onto the belief that Labour can be salvaged, is as doomed as the idiot before him. He doe however have age on his side, he is not old enough to have been at the start of young Labour when the acolytes of right wing Mandy drew the annointed together from the Grammers and minor Public schools to represent the oiks whther they liked it or not. Young Labour was always tainted by its resentment of the working classes. This came from the Arse booting the likes of Austin Stammer and other Mandy club got whilst conferencing in Llandudno in the early eighties. Lauren Booth tells the story well and she would know being the sister in-law of the former prime minister and war criminal Tony Blair.
Mandelson may have been right once that the working class had nowhere else to go, but that same arrogance that got him his arse booting in North Wales has driven those people he so clear distatined into the arms the equally arrogant Reform. Just as well the Brish fascist could have a part in a phone box n their own without a violent bust-up to Restore the myths of the empire.
Maybe the Greens and reform can get together to get PR and change politics beyond recognition. Despite Zack’s good intention there are still some very dodgy beliefs and opinions within that Green Party and especially those that crept in from under Frau Petra and her ubergrebenfuhrer partner that was set up by the CIA to undermine left-wing politics in 1980s Germany. Beware Greens bearing socialist leaning politics.