John Healey becomes chancellor weeks after shock resignation from defence job
BBC News 2026-07-20 18:44:55
Context: John Healey has been appointed as the Chancellor of the Exchequer by UK Prime Minister Andy Burnham, just over a month after his shocking resignation as Defence Secretary due to disagreements over the government's defence investment plan. Healey, a veteran Labour politician with three decades of experience, had clashed with outgoing Chancellor Rachel Reeves over funding for defence and had expressed concerns about the Treasury's unwillingness to commit resources to defend the country. His appointment comes at a critical time, with the UK facing rising threats and a need for increased defence spending.
Key Facts
- John Healey, 66, was announced as Andy Burnham's Chancellor of the Exchequer, replacing Rachel Reeves who had served in the role since Labour's 2024 landslide election win.
- Healey had resigned as Defence Secretary just over a month ago, citing concerns that the government's defence investment plan fell "well short of what is required for defence and the country at this dangerous time".
- Healey had previously served as shadow housing secretary and held various ministerial posts, including housing, local government, and at the Treasury, during the Blair and Gordon Brown governments.
- He had been a staunch supporter of Ukraine in its war with Russia, making several trips to the country to meet President Zelensky and delivering a stern warning to Russian President Vladimir Putin in April this year.
- As Chancellor, Healey will have the opportunity to set out a plan to increase UK defence spending to 3% of GDP by 2030, a goal he had previously advocated for as Defence Secretary.