
New Prime Minister Burnham picks his top money team
New PM Andy Burnham chose John Healey, an experienced former finance minister, to run the country's finances as Chancellor. He also brought in two experts, Jim O'Neill and Andy Haldane, for economic advice. The choices suggest Burnham wants to control spending rather than increase it. Earlier, he worried investors by questioning financial markets' influence. Now he wants to work within existing rules, not change them. His team calls this a "moment of real peril."
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