20-07-2026 12:25 via ft.com

John Healey appointed UK chancellor

Surprise pick comes after Rachel Reeves and David Lammy announced they would be returning to backbenches
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Political news



Continuity and change in Burnham’s new cabinet
Burnham breaks with Starmer era, except at the Treasury
Burnham to remove VAT on household electricity bills
Burnham move to eliminate VAT on electricity bills sparks funding row
UK chancellor John Healey inherits tricky finances
The five fiscal challenges facing John Healey
Pointers for Burnham on what Britain really wants
JPMorgan boss Jamie Dimon warns of ‘consequences’ if Burnham taxes banks
JPMorgan boss Jamie Dimon warns of ‘consequences’ if Andy Burnham taxes banks
Burnham surprises Labour MPs by choosing Healey as new chancellor
Six things we learnt from the new prime minister’s choices for his top team
Six things we learnt from Andy Burnham’s top appointments
Six things we learnt from Andy Burnham’s choices for his top team
As it happened: Andy Burnham’s first day as UK prime minister
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