Can Andy Burnham tame the power of the Treasury to boost growth?

PM wants to reduce department’s stranglehold on public purse and bring long-term thinking to economic policy Andy Burnham is far from the first prime minister to dream of taming the power of the mighty Treasury.

Boris Johnson all but forced the resignation of Sajid Javid by handpicking his team; Margaret Thatcher favoured her economic adviser Alan Walters over Nigel Lawson, prompting the latter’s furious resignation; Tony Blair and Gordon Brown’s power struggle was the stuff of Whitehall legend.

Continue reading...