John Healey has been appointed as Andy Burnham's new Chancellor, a month after dramatically quitting as defence secretary amid an argument about defence funding.

Andy Burnham is becoming Prime Minister today following an extraordinary coup against Sir Keir Starmer, just two years after Labour's election landslide.

With Rachel Reeves almost certain to be turfed out of No11, Ed Miliband and Shabana Mahmood are said to be vying to take over running the economy.

John Healey has been appointed Britain’s new Chancellor as Andy Burnham unveils a major shake-up of key Cabinet roles.

Andy Burnham appoints key cabinet positions in first hours in office

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The move will be read as a sign that Burnham is serious about bolstering defence spending and honouring Britain’s international commitments.

Britain’s new prime minister, Andy Burnham, named former defence secretary John Healey to be his chancellor in a surprise move. Read on.

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Former Defence Secretary John Healey was the first to arrive at Downing Street as the new PM appoints his Cabinet

The new prime minister has sought a compromise figure over the favourites from the right or left of the party, as political editor David Maddox explains

The former defence secretary served in the Blair and Brown governments as well as the shadow cabinets of Ed Miliband and Jeremy Corbyn.

Choice of John Healey for chancellor shocks insiders after weeks of fierce lobbying on behalf of party big hitters

Prime minister’s choice of former defence minister surprises allies

Britain's new Prime Minister, Andy Burnham, names former Defense Secretary John Healey as Chancellor of the Exchequer in a suprise move.

Burnham appoints former defence secretary to key role in surprise move

J.P. Morgan boss Jamie Dimon, who backed Healey's predecessor, has waded into the U.K.'s political debate.

L'ancien ministre de la Défense a été nommé Chancelier de l'Échiquier par le nouveau Premier ministre Andy Burnham. John Healey, un vétéran du Parti travailliste, avait…

A former defence secretary is now in charge of a Treasury he once accused of leaving Britain exposed

John Healey has been appointed as Andy Burnham's new Chancellor, a month after dramatically quitting as defence secretary amid an argument about defence funding.

Mr Healey has been named as Chancellor to replace Rachel Reeves after Andy Burnham became Prime Minister.