Attention is increasingly focused on what an Andy Burnham-led government might entail, particularly regarding his top team and policy priorities. While many questions remain unanswered about his agenda, potential cabinet positions are beginning to take shape.
Rachel Reeves, who has served as shadow chancellor for two years and was instrumental in crafting Labour's economic approach, is unlikely to retain her position in a Burnham administration, signaling a commitment to change. This move is considered significant, as it is rare for a chancellor to be demoted within the cabinet. The last instance of a chancellor moving to a more junior role outside of a brief interim period was in 1983.
Speculation about who will succeed Reeves as chancellor centers on Ed Miliband, the current energy secretary. Miliband has reportedly been supportive of Burnham's political ambitions. Advocates suggest Miliband possesses the necessary experience, including years advising Gordon Brown at the Treasury and a recent demonstrated ability to manage government machinery, to help Burnham achieve his economic transformation goals. However, some Labour MPs, particularly those on the party's right, express concerns about Miliband's policy direction, viewing it as a potential shift too far to the left and a risk that could divide the party from the outset.
Another contender for the chancellor role is Wes Streeting. His allies are reportedly lobbying for him to take the position, highlighting his recent emphasis on "progressive capitalism" and arguing that he would be a sensible choice to reassure financial markets. They also believe his communication skills would enable him to effectively convey major economic ideas.
However, potential risks are associated with Streeting's appointment, including questions about whether Burnham could fully trust him, given Streeting's own aspirations for leadership.
Other individuals mentioned as potential cabinet members include Yvette Cooper, the foreign secretary, who, like Burnham, has prior experience as chief secretary to the Treasury. John Healey, the former defence secretary, is also considered, though his appointment might signal a commitment to substantial increases in defense spending.