Burnham does not oppose wealth taxes.

Andy Burnham has not ruled out wealth tax, suggesting the next government may have to “ask a bit more” at some point.

Burnham, who will be prime minister on Monday, was asked if he was considering a wealth tax Interview, External With former footballer and Match of the Day presenter Gary Lineker.

The Labor parliament said it would take time to review the state of public finances and that it wanted to focus on “bringing people together” rather than creating “new departments”.

“I don’t destroy things now,” Burnham said. “I believe we need a greater sense of fairness.”

The former mayor of Greater Manchester said the “decisions at the time” would be “difficult”.

“I’m not going away,” Burnham said. “You know, we have to work hard to make sure we can pay our way.

“And sometimes he might have to ask a little bit more. But you know, these decisions aren’t for now. They’re for another day.”

Burnham has not detailed what tax policies he will pursue following his election victory in Makersfield last month after announcing his intention to replace Sir Keir Starmer as Labor leader and Prime Minister.

He gave a few hints in interviews, including one with LBC, in which He said he feels there is “some room” to move on taxes.

Burnham suggested that business rates on warehouses could be increased to support tax cuts for pubs and some high street businesses.

But the Makersfield MP said he would stick to his 2024 general election manifesto pledge not to raise VAT, income tax or National Insurance.

With limited revenue-raising options outside of these manifesto commitments, some members of the party’s left, economists and campaigners have proposed a wealth tax.

One proposal – backed by Oxfam and Tax Justice UK and others – is a 2% tax on assets over £10m.

The Green Party of England and Wales supports a similar policy, with a 1% annual wealth tax on assets over £10 million and 2% on assets over £1 billion.

Reform UK Treasury spokesman Robert Jenrick Burnham admitted in an interview with Lineker that “people have to pay more in tax”.

In an article posted on X, Jenrick said: “The ten taxes – £3,450 for each family – were previously supported but have no authority”.

Conservative leader Kimi Baden said Burnham was not yet prime minister “but he is talking about raising your taxes again”.

“We’re heading into another chaotic winter of who they can tax for extra benefits,” Baden said.