Andy Burnham Becomes UK Prime Minister, Picks Surprise Chancellor

Andy Burnham has taken office as Britain's new prime minister, pledging to "bring back hope" and promising relief announcements this week. In a move that caught even his own allies off guard, he appointed former defence minister John Healey as chancellor rather than a more expected economic figure. JPMorgan's Jamie Dimon wasted no time warning Burnham that any bank tax would put the firm's planned £3bn London office at risk.