Burnham can prove he’s pro-business by scrapping stamp duty on shares

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Andy Burnham MP arrives at Trades Union Congress, where he will give a speech after it was announced that he is to become the new leader of the Labour Party and Prime Minister of the United Kingdom on July 17, 2026 in London, England.</p><p>Andy Burnham, MP for Makerfield ran unopposed to succeed Sir Keir Starmer, who announced his resignation in June 2026.</p><p>Burnham secured overwhelming support from 379 Labour MPs and the majority of affiliated trade unions. (Photo by Alishia Abodunde/Getty Images)https://www.cityam.com/wp-content/uploads/2026/07/Andy-Burnham-again-e1784621437875.jpg?w=1107" />

London’s decline as a financial capital isn’t inevitable.

By scrapping stamp duty om shares – a tax that investors in America, China and India simply do not pay – Andy Burnham can turn the City around, says Tom Willerton-Gartside London is being overtaken.

Once the undisputed financial capital of the richest country in the world, https://www.cityam.com/burnham-can-prove-hes-pro-business-by-scrapping-stamp-duty-on-shares/">[...]

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