[Institution: Future UK Chancellor Candidates Expected to Drive Gilt and Pound Movements] According to a report by Golden Finance on June 24, MillTech analyst Nick Wood stated that UK investors are eager to know who will be appointed as Chancellor of the Exchequer, as current Chancellor Rachel Reeves is likely to be replaced following Starmer's resignation as Prime Minister this week. For market confidence, the choice of Chancellor could be as important as the new Prime Minister. Investors are keen to understand the economic policies of the new leadership team. Given the absence of other contenders, frontrunner Andy Burnham appears increasingly likely to be appointed as the new Prime Minister unopposed.