- Senior minister Darren Jones has ruled himself out of the Labour leadership race, despite having sufficient MP backing, citing concerns about the time available to prepare an autumn budget.
- Jones urged Andy Burnham to provide more details on his economic policies, particularly for the over 100 MPs who are concerned or feeling disheartened by Sir Keir Starmer 's resignation.
- While acknowledging there is “room to borrow a little bit more”, Jones stressed the importance of achieving objectives without broad borrowing and spending, and implicitly warned against Ed Miliband becoming Chancellor.
- Jones's withdrawal removes a significant obstacle for Andy Burnham, who could become Prime Minister by 18 July if no other candidate secures the necessary 81 nominations.
- Discussions are underway regarding Burnham's potential cabinet, with figures like Louise Haigh, Ed Miliband, Shabana Mahmood, and Wes Streeting tipped for top roles, and Jim O'Neill suggesting an independent body for infrastructure spending.
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