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Burnham adviser calls for billions of pounds in borrowing for infrastructure

Economy The Guardian By Kiran Stacey Policy editor 23 Jun 2026 13:36 1 min read
Burnham adviser calls for billions of pounds in borrowing for infrastructure

Exclusive: Jim O’Neill, a former chief economist at Goldman Sachs, says government should spend more on big projects UK politics live – latest updates The man tapped by Andy Burnham to be his chief economic adviser has called for billions of pounds more borrowing to pay for investment in infrastructure, in a sign of how Burnham may seek to break from the policies pursued by Keir Starmer. Jim O’Neill, an economist and former minister, said he wanted the government to create an independent body

Exclusive: Jim O’Neill, a former chief economist at Goldman Sachs, says government should spend more on big projects

UK politics live – latest updates

The man tapped by Andy Burnham to be his chief economic adviser has called for billions of pounds more borrowing to pay for investment in infrastructure, in a sign of how Burnham may seek to break from the policies pursued by Keir Starmer.

Jim O’Neill, an economist and former minister, said he wanted the government to create an independent body for infrastructure spending along the lines of the Office for Budget Responsibility (OBR), which could be freed up to spend significantly more on major projects.

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