Tax hell: How Andy Burnham’s £10bn black hole will hit your wallet

Tax hell: How Andy Burnham’s £10bn black hole will hit your wallet

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In today’s edition of The Daily T, Camilla Tominey and Jacob Rees-Mogg discuss the warning to the Prime Minister from Andy Haldane, a former Bank of England economist, not to raise taxes in his attempt to find an extra £10bn to fund next month’s Budget.

Jacob explains why he believes the triple lock is effectively dead, and why Andy Burnham should be taking notes from Sir Keir Starmer on how to handle Donald Trump before his first meeting with the US president next week.

Plus Jacob addresses whether he is middle-class or not.

You can get tickets to The Daily T On The Road Sunday Showdown at Labour conference with Bridget Phillipson at telegraph.co.uk/partyconferences.

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The Telegraph is the Publisher Podcast Awards' Podcast Publisher of the Year 2026

Producer: David Levene

Senior Producer: Emma Williams

Social Producer: Nada Aggour

Video Producer: Jim Spencer

Executive Producer: Charlotte Seligman

Editor: Camilla Tominey

Highlights:

• Camilla and Jacob discuss how Andy Burnham could find the £10 billion needed for the Budget • Jacob explains how much Mark Carney is to blame for the current economic situation

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