A former shadow business minister and enterprise adviser to Ed Miliband has vowed to quit Labour if Jeremy Corbyn is retained as leader August 9, 2016 A Labour peer who previously served as Ed Miliband's business adviser has vowed to quit Labour if Jeremy Corbyn is retained as party leader. Lord Parry Mitchell, a three-time technology entrepreneur who supported Miliband on enterprise from 2013 and previously served as shadow business minister, said he will resign over Corbyn's approach to anti-Semitism. Mitchell, who also [...]
Labour’s Owen Smith promises £200bn infrastructure fund as he attacks Jeremy Corbyn for “posturing” July 17, 2016 Labour leadership challenger Owen Smith has promised to create a £200bn infrastructure fund as part of a "British New Deal" and accused current leader Jeremy Corbyn of "posturing". Formally launching his campaign to replace Corbyn in his constituency of Pontypridd, Smith said the money would go towards physical and social projects, including hospitals and roads, as well [...]
Chuka Umunna says “never say never” to standing for Labour leadership as Jeremy Corbyn fights on July 8, 2016 Former shadow business secretary Chuka Umunna has said that he would "never say never" to leading the Labour party, while urging the party unite. The Streatham MP was speaking amid ongoing turmoil within the Labour party after leader Jeremy Corbyn lost the confidence of most of the Parliamentary Labour Party with speculation he would not be able to [...]
As Jeremy Corbyn clings onto the Labour leadership, is a split within the party now inevitable? June 29, 2016 Tim Worstall, senior fellow of the Adam Smith Institute, says Yes. Labour has been splitting for all my adult life. A difference has always existed between those who understand that there is a spectrum of possible economic and political models, which must exclude a non-market system, and those who do not. This is what the [...]
Exorbitant interest rates have turned student loans into a ticking debt bomb September 1, 2017 Today the interest rate on student loans rises from 4.6 to 6.1 per cent. By comparison, the Bank of England held the base rate at 0.25 per cent last month. The highest level of interest you can get on a standard easy-access cash Isa is 1.03 per cent. You can take out a 10-year fixed [...]
Jeremy Corbyn has a more than 80 per cent chance of retaining Labour leadership, bookie says July 22, 2016 Jeremy Corbyn has more than an 80 per cent chance of keeping his job at the helm of the Labour Party, according to one bookmaker. Betfair says that Corbyn is currently rated at an 83 per cent chance in the Labour leadership contest. He's up against Owen Smith, who was one of a number of MPs [...]
Young Labour to protest for unity at Westminster today ahead of Jeremy Corbyn no confidence vote June 28, 2016 As the Parliamentary Labour Party readies for a vote of no confidence on Jeremy Corbyn's leadership, Young Labour are to protest in Westminster today in an appeal for unity. Young Labour activists will be in parliament at 12pm demanding to see Labour MPs in order to appeal for unity in what it calls "this time [...]
Artemis: Investing for income March 23, 2018 On Britain’s railways, a double yellow light is an instruction to exercise “preliminary caution”. On seeing it, a train driver should continue to move forward but be prepared to begin slowing at the next signal; there may be an obstruction ahead. These are the conditions under which investors seeking income currently operate. Financial assets in [...]
A new campaign website promoted by Jeremy Corbyn claims Labour and Tories “were neck and neck” in polls prior to the rebellion by party MPs… August 12, 2016 A new website promoted by Jeremy Corbyn's camp in an attempt to dispel myths about the Labour leader appears to be blaming the party's rebels for its poor performance in polls. CorbynFacts.com, revealed by the Labour leader's official campaign yesterday and launched during last night's Labour's second leadership hustings, prominently features the claim that Labour and [...]
#StayPutInLabour: Richard Burgon’s Twitter support for Jeremy Corbyn goes a bit left-field July 12, 2016 Shadow justice minister Richard Burgon's attempt to take to social media to support his leader and ally Jeremy Corbyn in a time of turmoil hasn't exactly turned out as planned. While the gesture was there, Burgon's tweet ending with #StayPutInLabour hasn't resonated with social media users as anticipated. Labour members: whatever Labour's National Executive Committee decides today, #StayPutInLabour – [...]