Several sources report growing concern among business and City of London figures about the prospect of Ed Miliband becoming Chancellor. The reports describe warnings—supported by some Labour MPs who back mayoral candidate Andy Burnham—that Miliband’s economic and energy approach could create instability if he oversees the economy. They specifically link their worries to Miliband’s role as Energy Secretary and to his stated commitment to net zero policy objectives. The outlets frame these comments as cautionary, arguing that the policy direction could affect business planning, investment conditions, and broader economic outcomes. However, the reports do not present detailed evidence or quantified impacts within the provided text, nor do they include direct responses from Miliband or from government representatives defending the policy agenda. Overall, the coverage centers on political speculation around leadership and the financial sector’s concern that net zero-related priorities could carry economic consequences.