
There is speculation today that the Home Secretary Shabana Mahmood will become Chancellor when the incoming Prime Minister Andy Burnham announces his Cabinet on Monday. Whoever takes on the role will face quite the in-tray: high debt, low growth, welfare reform, defence spending, and the economic fallout from the US-Israel war with Iran, to name a few issues. So, if it's Shabana Mahmood, how might she fare and what do we know about her? Anita Rani speaks to Lucy Fisher, Whitehall Editor of the Financial Times and Host of the FT's Political Fix podcast. Australian surf and...
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ask BBC Sounds to send a comment. You can text the programme. It's 84844. You can also WhatsApp me on 03700 100444
and you can email the programme by going to our website at text number once again, 84844. Now, there's speculation today that the Home Secretary, Shabana Mahmood, will become Chancellor
when the incoming Prime Minister Andy Burnham announces his cabinet on Monday. The official line from Team Berman is that no decision has yet been taken. Whoever it is, that person will face quite the intray. High debt, low growth, welfare reform, defence spending
and the economic fallout from the US-Israel war with Iran, to name a few issues. So, if it is Shabana Mahmood, how might she fare and what do we know about her? Well, joining me now is Lucy Fisher, Whitehall editor for the Financial Times and host of the FT's Political Fix podcast. Lucy, welcome to Woman's Hour.
Good morning, Anita. You've been writing about all the speculation. So tell us, how likely is it that she will be Chancellor on Monday? Well, look, the FT understands, according to multiple people briefed on Andy Burnham's thinking that that is his plan. And the team have stressed that the final decision hasn't yet been made, but it feels pretty unlikely now that he would drift away from this.
Not least, I'd add, after seeing zero market reaction to the suggestion it will be Shabana Mahmood. That will be welcome to him, the idea that she will not spook the markets in any way. So they've already tested the water. So she was elected to Parliament in 2010. What do we know about her background? Well, she grew up, interestingly, for seven years in Saudi Arabia before returning to Birmingham, where she was born.
Very much steeped in the Labour Party tradition as a young woman. Her father was chairman of the local Labour Party. She went on to read law at Oxford University and, funnily enough, was in the year below Rishi Sunak at Lincoln College, then became a barrister and then joined Parliament in 2010.
one of the first female Muslim MPs at the time. And her career has really gone from strength to strength, culminating in her becoming Home Secretary in her most recent portfolio, which, of course, is one of the great four offices of state. What clues do we have about what kind of chancellor she'd be?
Well, it's a really good question. And I tell you, I have spent hours this week scouring the archives, looking for comments she may have made in the past about tax spending, growth policies. She's been markedly tight-lipped. There are hints in the past that she might be amenable to a wealth tax, which is something Andy Burnham has made clear in an interview this week that he is interested
in exploring. She's spoken in the past while in the shadow Treasury brief about her concerns about the tax gap. That's the gap between what the liabilities HMRC should collect in tax revenue and what they do collect. So she's been a key proponent of cracking down on tax avoidance and evasion. Beyond that, it really is quite a clean slate. And that has led people to think,
given her broader right of centre politics in the Labour fold, at least, that she might be a Reeves continuity sort of candidate for the role. And also that she's likely to be something of a cipher for Burnham. Without having her own sort of very comprehensive, worked out economic programme, she's likely to be quite compliant in, you know, in implementing his plans for the economy.
Yeah, well, she's seen as the, as you said, on the right of the party, he's seen as the left. So what areas do you think they most obviously agree and disagree on? Well, you know, I think they're very much both people who have their roots in place, you know, and also quite influenced by the faith in their upbringing.
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