If Burnham wants growth, he must start by backing AI and Tech founders and risk-takers, says Liam Houghton

Mace | 23rd July 2026 | Comment, Politics

New Prime Minister Andy Burnham has an opportunity to make Britain the best place to start and scale a business, argues CEO Liam Houghton.

Ten years. Seven Prime Ministers. Multiple agendas. That’s too many, if you ask me. Running a business is already hard in itself, but having to navigate continuous policy change on top of it isn’t helping. Successive governments have made it difficult for founders to take risks, scale companies and even stay in the country. A 2025 survey showed that nearly half of fintech founders have considered relocating their business outside of the UK. If Britain wants to retain its position as a competitive tech ecosystem, that needs to change. 

“Ten years, seven Prime Ministers, multiple agendas”

New Prime Minister Andy Burnham has an opportunity to fix this by making Britain the best place to start and scale a business. Here are the areas he should focus on. 

Rewarding job creation 

Every politician talks about growth. Far fewer make it cheaper to create it. For Andy Burnham to deliver on the Government’s mission of bringing “good growth in every postcode,” he needs to make it genuinely worthwhile for businesses to hire. That means reducing the cost of employment through payroll tax credits and targeted National Insurance relief for scaling companies, so that expanding a team becomes an easier decision rather than a financial risk. 

France offers a useful model here: its tax credit on research expenditure lets startups that spend at least 15% of their total fiscal costs on R&D claim …

Subscribe to The Mace

Join the member community shaping British politics and stay ahead of what's really happening in the world of politics and public affairs, with expert analysis, breaking news, and insider insights from Westminster and Brussels. The Mace is the leading news source and resource for the government affairs industry, offering required reading and lobby intelligence for professionals.

To see what you are missing out on by not subscribing to The Mace, click here to download our full membership info-pack. This includes having no paywall on op-ed content or profiles/interviews, allowing professional profiles to be read with maximum impact and visibility by government, special advisers, MPs, peers, civil servants, and policy and political decision-makers.



Erskine: Bernard Jenkin MP

Mace | October 1, 2020

Attempts to modernise the civil service, one of the great institutions of state, will put unnecessary strain on the UK constitution

The Diary of a Data Miner

Adam Solomons | March 8, 2020

Mindfuck, by Christopher Wylie, reviewed by Adam Solomons

Thirty Women: Thirty Powerful Voices

Benjamin Goodwin | March 8, 2020

She Speaks: The Power of Women's Voices, by Yvette Cooper, reviewed by Benjamin Goodwin

Constituency vitae: David Lammy on Tottenham

David Lammy | February 3, 2020

The north London constituency is not without its problems, admits David Lammy, but it remains a destination second to none…

Protected: Hunt in Hampstead

Ferdie Rous | January 31, 2020

There is no excerpt because this is a protected post.

The Lesson of Munich

Tim Congdon | January 28, 2020

The Establishment has been wrong before, notes Tim Congdon. Is it so crazy, he asks, to think that it might be wrong again?

Police must protect the public not just catch the bad guy

Mace | January 24, 2020

Rotherham's MP, Sarah Champion, chair of an important parliamentary group on adult survivors of child sexual abuse, wants to see some change at the MoJ

Phillip Blond: ‘We live in a post-liberal world’

Alice Wright | January 24, 2020

The political philosopher ponders policy, populism and the changed landscape of European politics

Out of Office: What does a holiday destination reveal about a premiership?

William Cash | January 16, 2020

William Cash considers Boris Johnson’s Christmas break in Mustique and finds a prime minister’s choice of holiday location to be highly revealing.

Recline and sprawl

Adam Solomons | January 16, 2020

Jacob Rees-Mogg’s languid pose on the Treasury bench launched a thousand memes on social media. Five observers interpret his body language for us.