Andy Burnham faces crucial choice for chancellor amid battle for No 11

Key Points:

• The appointment of the new Chancellor at Number 11 Downing Street by Burnham is a critical decision signaling his political and economic intentions, with announcements expected after he moves to Number 10 on Monday.
• Ed Miliband, the Energy Secretary, was initially assumed to be the frontrunner for Chancellor, but recent discussions suggest his chances have diminished due to concerns from unions and market advisors about his economic stance.
• Supporters of Miliband highlight his strong economic background, Treasury experience, and alignment with Burnham's growth agenda, emphasizing his fiscal responsibility and ability to manage the Treasury effectively.
• Alternative voices, including advisors like Lord Jim O'Neill and suggestions for a strengthened Number 10 economic team, indicate Burnham might rely more on Downing Street for economic policy, potentially reducing the Chancellor's traditional influence.
• There is speculation that a senior minister from the party's right could be appointed Chancellor to reassure markets and ensure a smoother transition, reflecting a cautious approach to economic management during Burnham's leadership.