PM admits cost of living help is not enough, hints at further support

Burnham has previously implemented measures like removing VAT from domestic electricity bills and accelerating the end of 'subscription traps'. However, he conceded that these steps might not be enough for individuals struggling with rising costs. "I can accept criticism that this isn't enough, because I wouldn't say it's enough," he stated, emphasizing his approach of taking "little bits of pressure off" as and when possible.

While acknowledging the difficulty in reversing privatizations like that of water companies, Burnham confirmed he is examining options for energy and water. He also expressed a desire to remodel rail fares for greater public benefit following the return of rail operators to public ownership. The Prime Minister has directed Chancellor John Healey to prioritize cost-of-living measures for the upcoming Budget on October 28, with Healey committed to strong fiscal discipline.

Burnham reiterated Labour's manifesto pledge not to raise taxes for working individuals. He also acknowledged that past increases in employer's national insurance contributions had impacted businesses, stating that business rates would be reviewed more broadly. He expressed a desire to lower the cost of doing business and enhance high streets but refrained from making specific commitments before the Budget.