City investors raise alarm on Burnham’s Chancellor pick

cityam06-18

Burnham could challenge Starmer for the Labour leadership. PA Wire Andy Burnham’s bid to return to parliament poses a risk to financial markets, City analysts have warned, as his next pick as ...

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PA Wire Andy Burnham’s bid to return to parliament poses a risk to financial markets, City analysts have warned, as his next pick as ...</p>\n\n<a href=\"https://www.cityam.com/city-investors-raise-alarm-on-burnhams-chancellor-pick/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>City investors raise alarm on Burnham’s Chancellor pick</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCity investors raise alarm on Burnham’s Chancellor pick\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-18 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/city-investors-raise-alarm-on-burnhams-chancellor-pick/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Burnham could challenge Starmer for the Labour leadership. PA Wire Andy Burnham’s bid to return to parliament poses a risk to financial markets, City analysts have warned, as his next pick as ...</p>\n\n<a href=\"https://www.cityam.com/city-investors-raise-alarm-on-burnhams-chancellor-pick/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4211","symbol_name":"区域性银行","start_time":0,"source_url":"https://www.cityam.com/city-investors-raise-alarm-on-burnhams-chancellor-pick/","article_id":"2644751607","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2026/06/Starmer-versus-Burnham-e1781705067812.jpg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/city-investors-raise-alarm-on-burnhams-chancellor-pick/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2644751607","pubTimestamp":1781748000,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Burnham could challenge Starmer for the Labour leadership. PA Wire Andy Burnham’s bid to return to parliament poses a risk to financial markets, City analysts have warned, as his next pick as Chancellor could heavily sway traders’ views.City analysts have said they will be closely watching out for developments on Friday as results from the Makerfield by-election emerge in the early hours of the morning.A win for Burnham could set a leadership contest in motion, with dozens of MPs travelling to Makerfield to show their support for the current Manchester mayor. Polls suggest Burnham is popular both among Labour members and the UK electorate while he has himself declared his intention to enter a leadership race.Burnham may still decide to wait longer before announcing a bid to become Prime Minister. Sir Keir Starmer sent MPs a warning on the political chaos posed by a new by-election for the Greater Manchester mayoralty given Burnham would have to resign from his position if he wins in Ma","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4211":"区域性银行","CHCO":"City Holding Company"},"translate_title":"金融城投资者对伯纳姆的财政大臣人选发出警报","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CHCO":1.5},"content_text":"Burnham could challenge Starmer for the Labour leadership. PA Wire Andy Burnham’s bid to return to parliament poses a risk to financial markets, City analysts have warned, as his next pick as Chancellor could heavily sway traders’ views. City analysts have said they will be closely watching out for developments on Friday as results from the Makerfield by-election emerge in the early hours of the morning. A win for Burnham could set a leadership contest in motion, with dozens of MPs travelling to Makerfield to show their support for the current Manchester mayor. Polls suggest Burnham is popular both among Labour members and the UK electorate while he has himself declared his intention to enter a leadership race.Burnham may still decide to wait longer before announcing a bid to become Prime Minister. Sir Keir Starmer sent MPs a warning on the political chaos posed by a new by-election for the Greater Manchester mayoralty given Burnham would have to resign from his position if he wins in Makerfield. \n\nAfter the May local elections, 30-year UK gilt yields – which reflect long-term government borrowing costs – rose to the highest level since 1998 as scores of MPs called for Sir Keir Starmer to resign and set a timetable for his departure. \n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPeel Hunt deputy head of research Kallum Pickering said the risks were “skewed to the downside” for financial markets if Burnham wins given traders would fear a shift to a leftist agenda “without a fresh electoral mandate”. Reeves versus MilibandCity analysts largely agreed that swings in market prices would not be as heavy as those seen in May. Lindsay James, investment strategist for Quilter, said there was a lot of “noise” around revised inflation forecasts, the fallout from the Bank of England’s interest rates decision on Thursday and a peace deal being signed between President Trump and Iranian leaders on the same day results come.Modupe Adegbembo, an economist for the American bank Jefferies, suggested investors had priced in the risks of a Burnham premiership, though attention would quickly shift to who Burnham would pick as Chancellor if he became Prime Minister. \n\n“Retaining [Rachel] Reeves would signal continuity and help anchor market confidence,” Adegbembo said. “Similarly, appointing figures from the right of the Labour party, such as Wes Streeting or Shabana Mahmood, would be seen as reassuring.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2644751607","isCrawlerRequest":true}