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British PM outlines economic plans
Andy Burnham has taken on the presidency of the UK Labour Party, and his readiness to announce new economic measures, including support for the business sector, aims to boost domestic energy production by allowing new oil and gas exploration in the North Sea. He plans to transfer "Times Water" to public ownership. His team is also considering options such as drilling in gas and oil fields off the Scottish coast, in the context of the need to tap into North Sea reserves amid rising oil prices and the repercussions of the Iran war. Burnham criticizes Thatcher's policies and says that Britain made wrong decisions in the 1980s, promising support for local housing and expanding powers, while it is expected that the current Home Secretary will assume the role of Chancellor.
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