Edward Michael Balls is a British broadcaster, economist and former politician who served as Secretary of State for Children, Schools and Families from 2007 to 2010, and as Shadow Chancellor of the Exchequer from 2011 to 2015. A member of Labour Co-op, he was the Member of Parliament (MP) for Normanton and later for Morley and Outwood between 2005 and 2015.

The Shadow Chancellor of the Exchequer in the British Parliamentary system is the member of the Shadow Cabinet who is responsible for shadowing the Chancellor of the Exchequer. The title is given at the gift of the Leader of the Opposition and has no formal constitutional role, but is generally considered the second-most senior position on the opposition frontbench, after the Leader. Past Shadow Chancellors include Harold Wilson, James Callaghan, Edward Heath, Geoffrey Howe, Kenneth Clarke, Gordon Brown, and John McDonnell.