Resolution Criteria

This market resolves YES if Ed Miliband becomes Chancellor of the Exchequer at any point before the end of 2029. Resolution will be verified through official UK government sources, specifically the GOV.UK Chancellor of the Exchequer page. The market resolves NO if Miliband does not hold this position by December 31, 2029.

Background

Ed Miliband currently serves as Secretary of State for Energy Security and Net Zero since July 2024. He was Leader of the Labour Party and Leader of the Opposition from 2010 to 2015. Rachel Reeves was appointed Chancellor of the Exchequer on 5 July 2024, and she became the first woman to hold the office of Chancellor in its over 800-year history.

Considerations

For Miliband to become Chancellor before 2030, either the current Chancellor would need to be replaced or a change in government would need to occur. The chancellor is the third-oldest major state office in British history, and in recent times has come to be the most powerful office in British politics after the prime minister. Recent reports suggest potential instability within the current government, though Miliband has publicly ruled out pursuing the party leadership.

This description was generated by AI.