Senior U.S. officials have privately conveyed to their British counterparts that the potential appointment of Ed Miliband as chancellor would be a "mistake," according to reports in The Times. The concern stems from Miliband's opposition to new oil and gas drilling in the North Sea, which U.S. officials believe could be a significant source of tax revenue.

The Times reports that these concerns were communicated to British officials. The newspaper also noted that Andy Burnham, a prominent figure often discussed as a potential successor to Keir Starmer, has not yet revealed his intended choice for chancellor should he become prime minister.