Labour deputy leader Lucy Powell remarked Ed Miliband would be a strong candidate for chancellor.
She added his experience makes him suitable for the role.
Powell pointed out that talk about Andy Burnham becoming chancellor is a red herring.
She labelled the speculation 'noise' that doesn't aid the party.
Powell, who serves as deputy leader, pointed out the party needs a clear finance strategy.
The comment occurred as other senior Labour figures debated backing Burnham in other posts.
Powell’s remarks were reported by Guido Fawkes on 28 June 2026.