Rachel Reeves would be offered a more junior cabinet role, the BBC understands.
Burnham likely to replace Reeves if he becomes PM
You might be interested in …
To slow China’s tech advances, Trump should keep its factories addicted to cheap exports via low tariffs, economist says
Economists suggest that to hinder China’s technological progress, former President Trump should maintain low tariffs, ensuring the country remains reliant on cheap exports. This strategy could potentially slow China’s factory output and tech innovation.
Wall Street bonus pot surges to record-high $47.5 billion, but the outlook is dim
Wall Street’s bonus pool has soared to a record-high of $47.5 billion, driven by a booming market. However, economic uncertainties and regulatory pressures suggest a challenging outlook for the financial sector in the upcoming year.
Congress passes the largest housing affordability bill in decades
An expansive bipartisan bill intended to bring down the cost of housing by boosting the supply of homes has passed both houses of Congress, and is headed to the president’s desk for a signature.