Politics · 21 August 2026

Jim O'Neill rejects a role in Andy Burnham's government to protect his investments

The former Goldman Sachs chairman told the Financial Times on Friday he will not put his personal wealth into a blind trust. He previously advised Burnham informally, but insists he simply enjoys private business too much to take an official political post. His choice leaves the Prime Minister short on economic expertise, after former Bank of England deputy Minouche Shafik recently quit her advisory post.

✓ Verified against the source · 60 words · 40 sec

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