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At close · Fri, Aug 7, 2026
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HomeGlobal MarketsEuropeBritain names John Healey as chancellor in surprise mo…

Britain names John Healey as chancellor in surprise move

The appointment pairs the new prime minister with a former defense secretary to lead the Exchequer.

CNBC World reports that Britain’s new Prime Minister, Andy Burnham, has named former Defense Secretary John Healey as Chancellor of the Exchequer in a surprise move.

The selection places Healey in charge of the country’s Treasury, setting expectations for how the new government approaches its economic agenda.

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