Shabana Mahmood set to be named UK chancellor by Andy Burnham

Shabana Mahmood is expected to be appointed as the UK Chancellor by Andy Burnham next week upon his entry into Number 10. The current home secretary has reportedly secured the finance minister role previously held by Rachel Reeves. According to the Financial Times, Mahmood has beaten other candidates, including Ed Miliband, Yvette Cooper, and Wes Streeting, to take charge of the economy, surpassing the energy secretary in the selection process for this key position.