Readers respond to an article in which Larry Elliott argues that Andy Burnham must challenge neoliberal nostrums

Larry Elliott’s column on the rightwing economic myths constraining Andy Burnham’s government should be required reading before John Healey’s budget (Rightwing economic myths could derail Burnham’s project – to destroy them, look to Keynes, 1 October).

I spent 20 years trading bonds, and agree that the household budget analogy bears no relation to how the UK state finances itself. Parliament votes on the spending, the Treasury instructs the Bank of England, and the Bank credits accounts in the private sector. Taxes withdraw money afterwards.

Average cost of home in September was £298,441, says Lloyds – about the same as year earlier and in August

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UK house prices flatlined in September, according to a leading index, as rising mortgage costs started to weigh on the market.

The average cost of a home was £298,441, roughly the same as it was a year earlier and in the previous month, according to the tracker from Lloyds previously known as the Halifax HPI.

If recent complaints are believed, London and the UK are no longer welcoming for ultra-high net worth individuals

London was once globally renowned as the “billionaires’ playground”, where the world’s super-rich could relax in the Georgian townhouses of Mayfair undisturbed by the grasping hand of the state.

But if recent complaints by fleeing ultra-high net worth individuals are to be believed, the city is no longer as welcoming for those who consider themselves to be Britain’s most-persecuted minority.