Don’t put economy at mercy of ‘Red Ed’: Growing alarm among City leaders over prospect of Burnham installing Left-wing Net Zero zealot Ed Miliband as Chancellor

Andy Burnham was last night facing demands to rule out appointing Ed Miliband as Chancellor.

Senior figures from the world of business joined forces with even Burnham-backing Labour MPs to warn that the Energy Secretary would wreak havoc if he was put in charge of the economy.

They predicted he would hike taxes further, as he sought to do as Labour leader more than a decade ago, and further push his Net Zero agenda that has been blamed for destroying jobs and pushing up energy bills.

There are also fears ‘Red Ed’ would seek to borrow billions more in a fresh lurch to

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