Fascinating the extent to which people responsible for billions of pounds base their views on nothing but vibes.
Sam Freedman
One big gilt investor said Burnham's chancellor decision would “set the tone” for the soon-to-be PM's relationship with markets.
"Is it going to be a government of Burnham backers, or is he going to be able to make tough decisions?"
Our piece on the race to watch
www.ft.com/content/f5cc...
Ex-health secretary favourite after ruling out leadership run but Labour’s centre-left prefers Ed Miliband