Labour deputy leader Lucy Powell stated Ed Miliband would be a good choice for chancellor.
She said his experience makes him suitable for the role.
Powell added that talk about Andy Burnham becoming chancellor is a red herring.
She described the speculation 'gossip' that offers no benefit to the party.
Powell, who serves as deputy leader, pointed out the party demands a clear financial approach.
The comment arrived as other senior Labour figures debated backing Burnham in other posts.
Powell’s remarks were reported by Guido Fawkes on 28 June 2026.