Burnham adviser calls for billions of pounds in borrowing for infrastructure (opens original article in a new tab)

Jim O'Neill, Andy Burnham's economic adviser, advocates for increased infrastructure borrowing through an independent body, aiming to boost growth while adhering to fiscal rules.

• Jim O'Neill proposes creating an independent body for infrastructure spending similar to the OBR to allow more borrowing under existing fiscal rules.
• O'Neill suggests that increased infrastructure investment could boost growth and that transparency would help reassure bond markets.
• Burnham's potential government may seek to deviate from current policies by focusing on infrastructure and devolution.