The Energy Secretary's chances are said to be receding as Andy Burnham finalises his cabinet

Defiant chancellor refused to say her controversial decision to strip the winter fuel allowance from millions of pensioners had been a mistake

The Energy Secretary's chances are said to be receding as Andy Burnham finalises his cabinet

The race to replace Rachel Reeves as Chancellor looks to have been blown open by reports that Ed Miliband has been taken out of contention.

Allies of the incoming PM say he has yet to make up his mind about who would control the nation's finances.

It follows a campaign by opponents of Ed Miliband to stop him being appointed as chancellor

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The home secretary is the frontrunner for the role ahead of ‘risky’ Ed Miliband, according to senior Labour figures

A bitter briefing war has erupted at Westminster following reports that Mr Miliband's dream of taking charge at the Treasury is set to be shattered.

The home secretary, favourite to take over at No 11, has minimal economic credentials and many MPs would prefer Ed Miliband