Home secretary rallied against a ‘tax cut for millionaires’ while in opposition

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

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

Markets reacted positively to reports that she could move over to the Treasury

The woman widely tipped to become Andy Burnham’s chief finance minister held a hard line on immigration as home secretary, but her economic approach is still a mystery.

The Chancellor needs to be someone who can sell benefit cuts

Home secretary rallied against a ‘tax cut for millionaires’ while in opposition

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Ms Mahmood, current frontrunner for the job, has previously backed slashing pension tax relief for higher earners, arguing it was needed to fund spending plans.

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