The policy menu is right but there's a constraint the next leader has to clear before any of it is achievable: the gilt market. UK 10-year yields hit their highest since 2008 this morning. That will become a filter through which every item on this list has to pass. Tax reform and student loans cost money before they raise it. EU alignment takes years to show in growth.
The next leader will likely have about six months to convince bond markets they're fiscally serious before the window closes. Burnham would struggle to do that. Streeting might be able to. The challenge is doing that while actually delivering the change voters are demanding - those two things don't sit easily together right now.
The policy menu is right but there's a constraint the next leader has to clear before any of it is achievable: the gilt market. UK 10-year yields hit their highest since 2008 this morning. That will become a filter through which every item on this list has to pass. Tax reform and student loans cost money before they raise it. EU alignment takes years to show in growth.
The next leader will likely have about six months to convince bond markets they're fiscally serious before the window closes. Burnham would struggle to do that. Streeting might be able to. The challenge is doing that while actually delivering the change voters are demanding - those two things don't sit easily together right now.