New UK prime minister Andy Burnham has unexpectedly appointed former defence secretary John Healey as chancellor of the exchequer. Healey served as a junior Treasury minister from 2002–07 but was not regarded as a frontrunner; Home Secretary Shabana Mahmood and Energy Secretary Ed Miliband had been viewed as leading candidates. Burnham’s pick may reflect a preference for a chancellor who will implement his agenda rather than pursue independent policy. Healey resigned from Keir Starmer’s governme

2026-07-21

New UK prime minister Andy Burnham has unexpectedly appointed former defence secretary John Healey as chancellor of the exchequer. Healey served as a junior Treasury minister from 2002–07 but was not regarded as a frontrunner; Home Secretary Shabana Mahmood and Energy Secretary Ed Miliband had been viewed as leading candidates. Burnham’s pick may reflect a preference for a chancellor who will implement his agenda rather than pursue independent policy. Healey resigned from Keir Starmer’s government in protest at delays to planned defence spending increases amid rising external threats; his resignation was widely seen as a decisive blow to Starmer’s prospects.