Shabana Mahmood expected to be named Andy Burnham’s chancellor
Shabana Mahmood is reportedly the frontrunner to become Andy Burnham's chancellor, according to senior Labour figures. This emerges after internal discussions and a briefing war regarding the potential appointment of Ed Miliband to the Treasury role. Concerns were raised that Miliband might attract criticism, with some suggesting he could be moved to the Foreign Office instead. City investors reportedly reacted positively to the prospect of Mahmood, viewing her as a more centrist and less risky choice than Miliband. Mahmood, currently the home secretary, has been described as capable of handling difficult departments and potentially aligned with Burnham on economic strategy. Decisions on cabinet appointments are expected after Burnham officially enters Downing Street on Monday.