Overview
- King Charles III formally named Andy Burnham prime minister on Monday, July 20, 2026, after Keir Starmer announced his resignation.
- Burnham unveiled a new cabinet that sidelines several Starmer loyalists and made the surprise choice of John Healey as chancellor replacing Rachel Reeves.
- He promised immediate measures to ease the cost of living and pledged a ten-year recovery plan focused on reindustrialisation, more social housing and ending homelessness.
- Burnham has sought to reassure partners by pledging continued strong support for Ukraine and holding early calls with leaders including Volodymyr Zelensky and President Trump.
- He committed to decentralising power with a 'No 10 North' base in Manchester and at least one working day a week there, but the specifics and financing of his pledges will be watched closely by markets and voters ahead of the 2029 election.