What would ‘change’ look like if Andy Burnham becomes prime minister?

1. Public ownership of utilities Burnham’s allies talk about overseeing a 10-year project to take large parts of Britain’s water and energy sectors into public control. In reality, that process will start with Thames Water, the stricken utility over which creditors are haggling. This week, the environment secretary, Emma Reynolds, made clear her opposition to a proposed £10bn rescue deal for the company, bringing it one stage closer to being nationalised. Other companies could follow, including South East Water, which has come under fire for overseeing multiple service outages. Eventually Burnham’s allies want to bring energy transmission and supply companies, possibly including National Grid, into public control. But that is likely to take a much longer period of time, and could cost billions of pounds in compensation for investors. 2. Cost of living support Some of those close to the new Makerfield MP want him to focus first on easing the cost of living for many voters. They talk about heavy state intervention to reduce people’s bills, including a temporary rent freeze and moving levies off energy bills and into general taxation instead. This however could involve raising taxes to help pay for the extra government spending – forcing him into some difficult political choices. Burnham has already promised to stick to Labour’s campaign pledges not to raise income tax, national insurance or VAT. …