- Andy Burnham announced a major cabinet reshuffle, appointing John Healey as Chancellor, Lucy Powell as Deputy Prime Minister, Jonathan Reynolds as Business Secretary, and Angela Rayner as Housing Secretary.
- John Healey was appointed Chancellor of the Exchequer by Andy Burnham, replacing Rachel Reeves following internal clashes.
Amid the ongoing Middle East conflict driving oil price volatility, John Healey succeeded Rachel Reeves as the UK Treasury Chancellor.
2 reports, 2 independent
Updated Sep 10
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What happened
Amid the ongoing Middle East conflict driving oil price volatility, John Healey succeeded Rachel Reeves as the UK Treasury Chancellor.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Cost pressures on business operations due to the Middle East conflict.1 source
Healy takes over Treasury role from Reeves amid Middle East conflict impacts.1 source
Keep exploring
Part of
John Healey was appointed Chancellor of the Exchequer by Andy Burnham, replacing Rachel Reeves following internal clashes.Also in this story
- Burnham's appointment influences Treasury control, while Healey's role is tied to combustion engine owners and Reeves' decisions.
- John Healey, the new Chancellor, announced a VAT cut to address the cost of living crisis.
The entities involved
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John Healey
British politician (born 1960)
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Rachel Reeves
British politician and current Chancellor of the Exchequer (born 1979)
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
Related events
- John Healey discussed UK economy challenges, signaling differences from past chancellors' views.
- Healey revived a row started by Reeves over economic issues, as the BRC pushed back against government profiteering claims.
- Chancellor Rachel Reeves spoke in Coventry regarding the current economic strategy.
- The Middle East conflict between the U.S. and Iran is adding to the challenges facing finance minister John Healey as the Bank of England analyzes market trends and policy impacts.
- John Healey accused Rachel Reeves of plunging the economy into gloom.