The answer to this question is hugely significant. Look back and mid-term Prime Ministers fall out badly with their chosen Chancellor - too often Labour Prime Ministers seek to reassure the media and the markets with their choice, only for both to turn on the Chancellor that is supposed to bring ‘stability’.

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Dates for the diary: Rock & Roll Politics is live at the Ropetackle Arts Centre in Shoreham on July 1st. Tickets on the Ropetackle website.

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Written and presented by Steve Richards.

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