According to estimates by a think tank, due to weak economic growth, an aging population, and poor health, the UK's public finance is about £330 billion less every year, which highlights that the next prime minister will face serious challenges. The left-leaning think tank “Resolution Foundation” said that Burnham, the former mayor of Greater Manchester, will succeed Stamer in Downing Street on Monday and needs to develop a new fiscal strategy to stop the pain caused by borrowing, cutting public spending, and increasing taxes. According to the foundation, about two-thirds of this £330 billion gap is due to a slowdown in per capita economic growth since 2007.

According to estimates by a think tank, due to weak economic growth, an aging population, and poor health, the UK's public finance is about £330 billion less every year, which highlights that the next prime minister will face serious challenges. The left-leaning think tank “Resolution Foundation” said that Burnham, the former mayor of Greater Manchester, will succeed Stamer in Downing Street on Monday and needs to develop a new fiscal strategy to stop the pain caused by borrowing, cutting public spending, and increasing taxes. According to the foundation, about two-thirds of this £330 billion gap is due to a slowdown in per capita economic growth since 2007.