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John Healey named new finance minister by PM Andy Burnham

21 July 2026 · in 80 words

John Healey named new finance minister by PM Andy Burnham

Former defence secretary John Healey has been appointed as the UK's new finance minister by Prime Minister Andy Burnham. Healey's appointment comes weeks after he resigned from his previous role, citing concerns about the government's defence investment plan. He replaces Rachel Reeves, who served as chancellor under Sir Keir Starmer.

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