Andy Burnham will be formally named Labour leader on Friday before moving into Number 10 on Monday, after his nomination by an overwhelming majority of Labour MPs left him needing only trade union backing to secure the leadership.
The battle for chancellor dominates cabinet discussions. Ed Miliband is widely assumed to be the frontrunner, though Shabana Mahmood is understood to be the top choice and may prefer to remain Home Secretary. Yvette Cooper is also on the move to the Treasury or could stay as Foreign Secretary. Lord Jim O'Neill and Andy Haldane have been advising Burnham on economic policy.
Louise Haigh, who resigned as transport secretary in 2024 over a past fraud conviction, is expected to become chancellor of the Duchy of Lancaster and serve as Burnham's right-hand person. Angela Rayner is tipped for deputy prime minister or housing secretary, while Wes Streeting is considered a front runner for a senior role. No cabinet decisions are expected until Monday.