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The Guardian view on Labour’s next chancellor: send for Ed Miliband | Editorial

Andy Burnham needs the Treasury to serve devolution, raise living standards and renew the economy. The energy secretary meets that testThere are few things on which this column would agree with George Osborne. Voting to remain in the European Union was one. Backing Labour’s Ed Miliband to be the next chancellor is another.Mr Osborne, whose austerity programme redistributed pain downwards while protecting privilege at the top, had only a week ago on his podcast, Political Currency, dism

The Guardian view on Labour’s next chancellor: send for Ed Miliband | Editorial

Published July 3, 2026 · Category: Markets

Overview

Andy Burnham needs the Treasury to serve devolution, raise living standards and renew the economy. The energy secretary meets that test

There are few things on which this column would agree with George Osborne. Voting to remain in the European Union was one. Backing Labour’s Ed Miliband to be the next chancellor is another.

Details

Mr Osborne, whose austerity programme redistributed pain downwards while protecting privilege at the top, had only a week ago on his podcast, Political Currency, dismissed Mr Miliband as too difficult a sell to business and the press. He now recognises what should have been obvious: if Andy Burnham is serious about governing differently, he needs a chancellor with the authority, knowledge and political relationship with the prime minister to bend the Treasury to the project.

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Source

Originally published at www.theguardian.com.

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