
- Rachel Reeves announced she is stepping down as chancellor of the exchequer, wishing new prime minister Andy Burnham and his cabinet "the very best of luck".
- Reeves reflected on her time in office, stating that the economy is now "stronger, fairer and more resilient" due to the Labour government's decisions.
- Andy Burnham officially became prime minister after "kissing hands" with King Charles, accepting the invitation to form a government.
- In his first speech from Downing Street, Mr Burnham pledged to bring "life's essentials back under stronger public control" to make them more affordable and committed to ending rough sleeping.
- Deputy prime minister David Lammy and housing secretary Steve Reed were among the first senior ministers to resign as Mr Burnham begins to assemble his new cabinet.
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