Jeremy Corbyn considers Clause Four and Labour’s public ownership commitments August 9, 2015 Jeremy Corbyn, the frontrunner to become the next Labour leader, has indicated that he may bring back Clause Four, the party's commitment to public ownership scrapped by Tony Blair in the New Labour era two decades ago. “I think we should talk about what the objectives of the party are, whether that’s restoring Clause Four [...]
Labour leadership contest: Three reasons why Jeremy Corbyn could be the City’s new best friend August 4, 2015 Jeremy Corbyn is rumoured to be leading in the Labour Party’s leadership election. Without doubt he is setting the pace. The result is that words like ‘hard left’ are being bandied about, especially by his opponent’s camps. But is he bad news for the City? As the author of some of the economic policies [...]
Jeremy Corbyn loses lead in betting odds as Corbynomics comes under fire from Labour MPs August 4, 2015 Left-wing Labour leadership candidate Jeremy Corbyn has lost his lead in the betting markets amid attacks from senior members of his own party. Bookies from Ladbrokes, William Hill and Betfair all told City A.M. that Corbyn had dropped out of pole position yesterday, leaving Andy Burnham as the odds-on favourite to replace Ed Miliband. [...]
Labour leadership race: Shadow chancellor Chris Leslie confirms he would not serve under Jeremy Corbyn August 3, 2015 The Labour party would “not be the party” the shadow chancellor Chris Leslie joined if Jeremy Corbyn won the leadership. In an interview with the BBC, Leslie said Labour needed to find a “credible” alternative Prime Minister and that he would not service under Corbyn if he did win the leadership. Leslie is backing Yvette [...]
Former Labour leader Neil Kinnock warns party against a vote for Jeremy Corbyn August 2, 2015 Labour needs to elect a leader capable of taking them to victory in the 2020 election and serving as Prime Minister, which is why Andy Burnham should be supported, former leader Neil Kinnock has said. In an article in the Observer, Kinnock warned against support for Jeremy Corbyn as someone who would not be able [...]
Corbyn picks up another union endorsement July 31, 2015 FAR-LEFT Labour leadership candidate Jeremy Corbyn has picked up yet another endorsement from a trade union, cementing his spot as the front-runner in the race to replace Ed Miliband. The Communication Workers Union (CWU) said yesterday that the anti-austerity candidate Corbyn was the “antidote” to the “virus within the Labour Party”, adding that its members [...]
Jeremy Corbyn wins Labour leadership backing from yet another union July 30, 2015 Left-wing Jeremy Corbyn has won the backing of the Communication Workers Union in the Labour leadership race, marking the latest in a string of backing wins from the unions. Read more: Tories support Corbyn in bid to damage party Dave Ward, general secretary of the 200,000 member union, told the BBC that Corbyn was [...]
Labour leadership contest: Jeremy Corbyn wins backing from Unison while bookies tip him as favourite to lead Labour July 30, 2015 Far-left candidate Jeremy Corbyn has solidified his lead in the Labour leadership race, securing another major trade union endorsement and surging past his opponents in the betting markets for the first time. Unison, which counts 1.3m public service workers among its members, said yesterday that it was backing Corbyn’s anti-austerity candidacy. The trade union’s general [...]
Jeremy Corbyn is now bookmakers’ favourite to become next leader of the Labour party July 29, 2015 He may have started the fight as an outsider, but with weeks to got before the vote, Jeremy Corbyn has become the bookmakers' favourite to become the next permanent leader of the Labour party. A surge of bets in the wake of the latest polling has forced bookies to slash odds on the left wing [...]
Jeremy Corbyn’s rise is no shock to famous author Stiglitz July 26, 2015 Outspoken economist Joseph Stiglitz said yesterday that the rise of extreme socialist candidates such as Jeremy Corbyn is a predictable consequence of austerity measures imposed across Europe since the financial crisis.