Lord O'Neill declines Burnham's chief economic adviser role over blind trust rules

Lord Jim O'Neill has told the BBC he will not become Prime Minister Andy Burnham's chief economic adviser, declining to give up control of his business interests or comply with blind trust rules. The crossbench peer and former Goldman Sachs economist said the decision was not about policy. He will maintain an informal advisory relationship with Burnham's team, leaving the prime minister without a named economic adviser.