Shabana Mahmood expected to be named Andy Burnham’s chancellor
The home secretary is the frontrunner for the role ahead of ‘risky’ Ed Miliband, according to senior Labour figures
AI Summary
Shabana Mahmood is the frontrunner to become Andy Burnham’s chancellor, ahead of Ed Miliband, amid concerns that appointing Miliband would be risky and could unsettle markets. Burnham’s team insists no final decision has been made, and the cabinet will be appointed after he enters No 10. The debate over replacing Rachel Reeves has divided Burnham’s allies, with Miliband’s supporters arguing he could challenge Treasury orthodoxy.