The pound weakened against the dollar and the euro as investors awaited the appointment of a new UK finance minister under the government of Prime Minister Andy Burnham. As of 23:27 Thai time, the pound was down 0.27% to 1.342 dollars and slipped 0.02% to 0.850 against the euro. Investors expect the finance minister post is likely to go to Shabana Mahmood, a centrist politician with more market-friendly policies than left-wing figures. Mark Chandler, chief market strategist at Bannockburn Capital Markets, said everyone is waiting to see who Burnham will pick as finance minister. Burnham became UK prime minister today after an audience with King Charles III at Buckingham Palace, pledging to bring hope back to the United Kingdom and push through the biggest reforms in 40 years, both political and economic, with a 10-year reform plan to be announced starting tomorrow.