Haldane urges Burnham to be bolder on UK economy, tax reform

Key facts

• Andy Haldane is president of the British Chambers of Commerce.
• Haldane urged potential Prime Minister Andy Burnham to implement radical tax reforms.
• Haldane suggested overhauling property taxes.
• Haldane suggested revising the pension triple lock.
• Haldane called for decentralizing government power.
• UK business lobby groups are warning against further tax increases under Burnham.
• Business groups fear tax hikes could drive investment away from the UK.
• Chancellor Rachel Reeves has endorsed Andy Burnham for Prime Minister.
• Rachel Reeves wants to remain Chancellor.
• Unison has endorsed Ed Miliband for Chancellor.

Andy Haldane, president of the British Chambers of Commerce, has called for a more assertive approach to the UK economy under a potential Andy Burnham premiership. Haldane urged Burnham to implement "radical tax reforms" and foster a "change in vibe" for the nation's economic outlook. Specific proposals from Haldane include overhauling property taxes and revising the pension triple lock. He also advocated for decentralizing government power.