Rachel Reeves out as UK chancellor after Burnham takes power
(Alliance News) - David Lammy, Rachel Reeves and Steve Reed are among the first high profile cabinet ministers to be shown the door by new Prime Minister Andy Burnham.
Lammy, until now the deputy prime minister and foreign secretary, announced he was leaving government on social media, while Reed, seen as an arch-loyalist to Keir Starmer, said he was "disappointed to be leaving government now" in a letter to Burnham.
Tottenham MP Lammy said he "would have been proud to continue serving in cabinet. But a new prime minister is entitled to build his own team".
He added he would "support this Labour government from the backbenches and do everything I can to help defeat Reform again at the next general election".
In a post on X, Reeves wrote: "It has been the privilege of my life to serve as the Chancellor of the Exchequer.
"The economy today is stronger, fairer and more resilient because of the choices we have taken as a Labour government over the past two years.
"I wish the very best of luck to my successor, Andy and his cabinet.
"You have my full support and I will continue to play my part in helping this Labour government deliver the change the country needs."
Reed, who has served as environment secretary and housing secretary since Labour won the general election in 2024, said: "We won power the hard way. I was part of the campaign that fought to save our party and take it back to power against all the odds after our worst-ever election defeat".
"You can't make funding fairer for the rest of England by making it unfair on Londoners," he added.
"I'm proud to be a London MP and I'll always fight to ensure London is treated fairly as you explore new models of devolution, taxation and funding."
By David Lynch and Will Durrant, Press Association Political Staff
source: PA
Copyright 2026 Alliance News Ltd. All Rights Reserved.
The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
The Smartest Moves for Bond Investors Today, and What to Do When You Have Too Many Investments
3 Stocks to Sell and 3 Stocks to Buy for October
Undervalued by 15%, This Utilities Stock Could Be an Unexpected AI Winner
The Thrilling 37
United States