DOCSLIB.ORG

Mcdonnell Denies Rift at Labour Helm

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Mcdonnell Denies Rift at Labour Helm BUSINESS WITH PERSONALITY BLONDE ON BLOND GLOBAL TREMORS HOW LIZ TRUSS ON WHY THE US SHALE REVOLUTION SHE BELIEVES IN HAS SHAKEN POLITICS P14 BORIS FOR PM P15 MONDAY 8 JULY 2019 ISSUE 3,408 CITYAM.COM FREE McDonnell denies rift at Labour helm HARRY ROBERTSON @henrygrobertson SHADOW chancellor John McDonnell has denied reports of a civil war at the top of his party as Labour found itself dogged by fresh antisemitism claims and reports of a bitter rift among the leadership. According to reports McDonnell and shadow home secretary Diane Abbott confronted Labour leader Jeremy Corbyn and demanded he stop listening to his two top aides, Seumas Milne and Karie Murphy. Abbott told friends Milne and Murphy “were holding Corbyn captive”, the Sunday THE AXE FALLS Times reported. McDonnell and Abbott are among those pushing Corbyn to back a second Brexit referendum. McDonnell told the BBC yesterday the report was “rubbish” and said he had confidence in Corbyn’s aides. The denial came as Labour HARRY ROBERTSONATwhich isDEUTSCHE home to the bank’s largest to hive off €74bn of unwanted assets such William Wright, founder of the capital was once again engulfed by an investment finance operations – making as long-dated derivatives. Deutsche will markets think tank New Financial, said argument about antisemitism @henrygrobertson major cutbacks likely. also create a corporate bank which will “The restructuring at Deutsche Bank is the and bullying. THOUSANDS of jobs are at risk in the City of Deutsche said it will feel the cost focus on transaction finance. result of 10 years of tinkering at the edges Up to six ex-staffers breached London after Deutsche Bank announced it immediately, predicting a loss of €2.8bn in Sewing will take responsibility for both of a business that had grown too big and non-disclosure agreements will slash 18,000 roles globally in an the second quarter of 2019 as it shells out the new corporate bank as well as the too quickly in the decade before the (NDAs) and spoke to the BBC attempt to stem its 10-year decline. for severance and restructuring costs. investment bank. Garth Ritchie, who financial crisis.” for an upcoming documentary. Germany’s biggest lender will shut Chief executive Christian Sewing said previously headed the investment unit, left Wright added that Deutsche had hoped Some received letters from down its global share-trading business and Deutsche was “refocusing the bank around Deutsche on Friday. it would be able to turn a corner but “the Labour’s lawyers, Carter Ruck, significantly reduce its investment banking our clients”. It will also cut back its fixed income structural challenges haven’t blown over, saying they may face legal operations in a drastic overhaul. Deutsche “We are returning to our roots and to operations, which deal in instruments such its main rivals haven't dropped out and action for breaking NDAs. said the move will cost it €7.4bn (£6.6bn). what once made us one of the leading as government and corporate bonds. Deutsche’s cost base, culture, structure and McDonnell told Sky News The bank did not reveal where the job banks in the world,” he said. Sewing called the plans a “restart” but share price have finally caught up with it”. that the programme would be losses would be felt but around 7,000 As part of the plans Germany’s flagship they will be interpreted as an admission by driven by “a few members of people work for Deutsche in London – bank will also create a so-called bad bank Deutsche that it cannot compete with rivals. £ CONTINUES ON P3 staff who have a political axe to grind”. FTSE 100 ▼ 7,553.14 -50.44 FTSE 250 ▼ 19,655.27 -142.34 DOW ▼ 26,922.12 -43.88 NASDAQ ▼ 8,161.79 -8.44 £/$ ▼ 1.253 -0.005 £/€ ▲ 1.116 +0.002 €/$ ▼ 1.123 -0.005 YOUR KEY TO ALL THE BEST DOORS IN THE CITY 02 NEWS MONDAY 8 JULY 2019 CITYAM.COM HANGING AROUND More than £100,000 raised as City A.M. joins lord mayor for 500ft charity abseil at Barclays HQ in Canary Wharf THE CITY VIEW Bears are gathering to welcome bullish Boris ID THE economy shrink in the second quarter of the year? While it is impossible to be sure, we will get Danother clue this week when the Office for National Statistics (ONS) publishes its GDP estimate for May – and so far, the signs are not good. One month ago the ONS estimated a 0.4 per cent contraction in April, notably worse than economists had been expecting. Such monthly figures can be erratic and prone to significant revisions, yet bearish signs are increasingly commonplace. The latest private sector business surveys point to a decline in quarter two, with economists in both Westminster and the City forecasting a negative reading. This morning accountancy giant EY predicts a 1.6 per cent drop in business investment in 2019 as a whole, MIKE WILLIAMS PHOTOGRAPHY while fellow beancounters at Deloitte report that chief STAFF at Barclays had to put up with a steady stream of thrill-seekers descending past their office windows on Friday as the annual Lord Mayor’s Appeal abseil challenge kicked off with City A.M. founder Lawson Muncaster (left), lord mayor Peter Estlin financial officers are at their most risk-averse since the collapse (centre) and editor Christian May (right) – pictured with their instructors – the first to go over the edge. Over 90 people took part. of Lehman Brothers. The lingering uncertainty It requires a large around Brexit is not helping, degree of insular of course, and EY’s thinking to blame economists say growth will be even lower if the UK is Brexit entirely City rat race intensifies as forced to extend Brexit once more at the end of October. However it requires a large degree of insular thinking to blame Brexit entirely. Growth levels are abysmal across Europe and the Trump-led trade war is exacerbating an already-portentous job opportunities decline slowdown throughout much of the world. All of a sudden the prospect of monetary easing is back on the table and markets AUGUST GRAHAM have returned to their seemingly-perverse post-crisis habit of is especially vulnerable to regulatory Separate data published by Deloitte uncertainty and remains slow,” he revealed more than eight in 10 jumping at the sound of bad economic news. @AugustGraham said today. finance chiefs believe the long-term Here in London, the FTSE is up nearly 400 points in little more CITY workers had to fight harder for The number of new financial servic- business environment will suffer than a month. This is the mood music greeting the Tory new jobs last quarter as the number of es jobs on the market has declined because of Brexit. available opportunities halved. fairly consistently from a high of The proportion of chief financial favourite to enter Downing Street a fortnight tomorrow. Boris Research showed that the number of 24,105 in the beginning of 2017. Last officers (CFOs) who believe it is a good Johnson’s fans adore his ability to inject optimism into the available jobs in financial services quarter the number of roles available time to take more risk on their most miserable of party conferences and the former mayor of decreased 50 per cent year-on-year, lay at 7,363. balance sheets has fallen to just four London has already talked up his determination to lift the and 33 per cent quarter-on-quarter. Meanwhile, the number of profes- per cent, marking the lowest level Meanwhile, the number of jobseek- sionals looking for new roles was since Lehman Brothers collapsed 11 mood around Brexit. But rhetoric is one thing, and raw ers in the sector fell 22 per cent. This 11,848 in the quarter. years ago. economic realities are another. The political circumstances contrasts with the technology sector, Enver said that banks have been cut- “Brexit has not happened, but it is paving the way for Johnson’s long-touted journey to Number 10 which has 60 per cent more jobs in ting jobs and putting projects on hold acting as a drag on corporate senti- London today than it did in 2010. due to the uncertainty. ment and spending,” said Deloitte’s have been fortunate, but he may find that it is not an It comes as the City is worried over “If we have a no-deal Brexit, those chief economist Ian Stewart. altogether lucky time to be the man at the top. the future of Britain’s relationship projects and all the jobs they would “Ironically, risk appetite in the cor- with the European Union, said Hakan have generated go from being on hold porate sector has slumped just as it Enver, the managing director at to being cancelled,” he said. has taken off in the equity market. Morgan McKinley, which carried out “If those jobs keep being treated like Measures of financial market the research. collateral damage, eventually volatility have declined, even though a “While most sectors in Britain have someone else is going to have to pick majority of CFOs rate uncertainty as seen an increase in hiring despite the up the tab for the government’s being at high or very high levels,” he Follow us on Twitter @cityam deadlock, the financial services sector expenses.” added. FINANCIAL TIMES THE TIMES THE DAILY TELEGRAPH THE WALL STREET JOURNAL JEFFREY EPSTEIN HELD ON WHAT THE POLICE BATTLE ACTIVISTS IN BORIS JOHNSON TO BOOST WEWORK TO RAISE BILLIONS SEX TRAFFICKING CHARGES OTHER LATEST HONG KONG CLASH FUNDING FOR APPRENTICES SELLING DEBT AHEAD OF IPO Jeffrey Epstein, the billionaire US hedge Hong Kong riot police used batons and Apprentices can have as bright a future Wework has a plan to shore up fund manager and one-time friend of PAPERS SAY tear gas against democracy activists last as university graduates without confidence in its business before it goes Bill Clinton and Donald Trump, has night after the campaign of protest incurring “huge debts”, Boris Johnson public: offer billions of dollars in debt been taken into custody and, according THIS spread to new areas of the territory.
Load more

Recommended publications
  • Demi-Goddess XCLUSIVE What Makes Demi an LGBTQA+ Icon? Invest SHARE OFFER Now OPEN in Community Generate Clean Energy Solar Power Tackle Climate Change
    whatson.guide Issue 351 Pink 2020 Skye Sweetnam Demi Lovato whatsOn Quiz Stonewall WIN Prizes + FREE Year Planner + LGBTQA+ Special Demi-Goddess XCLUSIVE What makes Demi an LGBTQA+ icon? Invest SHARE OFFER now OPEN in community Generate Clean Energy solar power Tackle Climate Change 4% return INVEST FROM £50 egni co-op From the award-winning Awel Co-op team www.egni.coop · [email protected] · 01639 830870 01 XCLUSIVEON 005 Agenda> NewsOn 007 Live> Nugen 009 FashOn> LGBTQA+ 011 Issue> 5 Ways 013 Interview> Skye Sweetnam 015 Report> Stonewall 017 Xclusive> Demi Lovato 02 WHATSON 019 Best Of> 2019 Reviews 023 Annual> Jan & Feb 025 Annual> March & April 027 Annual> May & June 029 Annual> July & Aug 031 Annual> Sept & Oct 033 Annual> Nov & Dec 03 GUIDEON 037 Best Picks> Briefing LIL NAS X Jobs Since coming out as gay 053 Classified> last year, 20-year-old 063 SceneOn> Reviews Montero Lamar Hill, known as Lil Nas X, has continued 065 Take10> LGBT Workplace to challenge perceptions of rap and hip hop stars. He’s 066 WinOn> PlayOn broken the record-books, scoring the longest-running number 1 in American chart history, and is up for 6 Grammys. Ads> T +44(0)121 655 1122 [email protected] Editorial> [email protected] About> WhatsOn: Progressive global local guide. Values> Diversity, Equality, Participation, Solidarity. Team WhatsOn> Managing Director Sam Alim Creative Director Setsu Adachi Assistant Editor Judith Hawkins Editorial Assistants Juthy Saha, Puza Snigdha, Dipto Paul Interns Shayan Shakir, George Biggs Books Editor Naomi Round Clubs
    [Show full text]
  • The Future of Ageing 2018 What Happens Next Further Sponsorship Has Been Received From: the Future of Ageing 2018 What Happens Next
    The Future of Ageing 2018 What happens next Further sponsorship has been received from: The Future of Ageing 2018 What happens next Thursday 29 November 2018 8.30am to 5.30pm Copthorne Tara Hotel Scarsdale Place Kensington London W8 5SY #futureofageing Welcome Welcome to the International Longevity Centre UK’s fourth Future of Ageing Conference. I would like to say that we have come a long way since we started running these events. But sadly… Across the world, more and more of us are living longer, yet governments are struggling to adapt to the dramatic changes we are witnessing. Economic productivity continues to be hit by a failure to adapt to increased longevity. Older consumers are underspending and the talents of too many older workers are being wasted. Too many businesses are failing to benefit from the longevity dividend. Our culture and society are being transformed by our changing demographic makeup and tensions between younger and older people are contributing to intergenerational frictions, which is likely to be exacerbated if we ignore it. Our infrastructure isn’t fit for today’s young people or tomorrow’s older people. The sustainability of our health and care system is at risk and we need to better prevent ill health in later life. Without radical action, future generations of older people will be poorer than they are today. The Future of Ageing Conference isn’t here to tell you what you know. But rather, to help you understand what happens next. I would welcome the opportunity to hear from you how we can work together to tackle the challenges we face now and in the immediate future.
    [Show full text]
  • Brexit for BAME Britain?”
    ROTA AGM 2017/18 and conference “Brexit for BAME Britain?” Thursday 22 November 2018 Resource for London, 356 Holloway Road, London N7 6PA 7 – 8.30pm ROTA has launched a briefing on the potential impacts of Brexit on Black and Minority Ethnic (BAME) communities. We will present a short presentation, followed by a Q&A. We will discuss what challenges and opportunities Brexit may bring for BAME people. Conference chaired by Debbie Weekes-Bernard, Deputy Mayor for Integration, Greater London Authority (GLA). Running order 7.00 Conference arrivals 7.15 Welcome Address Debbie Weekes-Bernard welcomes attendees, speaks on the Brexit and poverty work at JRF and the scope of her new role as Deputy Mayor for Integration at GLA. 7.20 Kimberly McIntosh, Policy Officer, ROTA & Dr Irum Shehreen Ali deliver a short presentation of the findings from the briefing and what we would like to see from the government. 7.30 Femi Oluwole, Chief Spokesperson, Our Future, Our Choice makes the case for People’s Vote and the potential impact of Brexit on young people. 7.40 Kunle Olulode, Director, Voice4Change England makes the case for Brexit and the opportunities it could bring for BAME communities. 7.50 Nahir de la Silva, Policy and Communications Officer, Latin American Women’s Rights Service (LAWRS), explains the risks Brexit poses to non-EU women dependents of EU/EEA partners in an abusive relationship, an issue that is overlooked in the current debate. 8.00 Sarah Zawacki, Policy and Information Worker, Roma Support Group comments on the potential impact of Brexit on the Roma community.
    [Show full text]
  • Resistance March 2018
    March 2018 Campaign Edition Resistance However, if their sacrifice is betrayed, ‘WILL THERE BE all hell will break loose. A second vote would probably terminally split the Tory Party regardless of result. Just moving towards one would lead to a challenge to May's leadership (sic) via the 1922 Committee. As a long- term survivor, the PM will not want to jeopardise her own position. She must be aware of how Europe has jinxed most of her predecessors. Having already lost her own majority, she is A SECOND BREXIT likely to be risk-averse. Pollsters don’t always get it right. They 85% of the public voted for parties represent panels more than the public. REFERENDUM?’ promising Brexit in June. This is Online (internet) surveys bias towards effective confirmation of the some sections of the population. ICM, Eurofanatic billionaire George Soros is referendum result. Parties like the the Guardian’s pollsters, gave extra pumping megabucks into a campaign LibDems, Greens and SNP in favour of weight to responses from the 18-24 for a second EU referendum. But how stalling Brexit saw their votes fall back. group, deemed those most likely to likely is this to happen? support Remain. Only 23 MPs recently voted for a The Guardian article admitted that second In-Out referendum. Even Ken 90% of both Leavers and Remainers Clarke voted against one. Jeremy haven't changed their minds, though. Corbyn has tentatively ruled one out. Only he didn’t quite say that! The All polls will feature a small % of Whereas there is no Commons week’s media chicanery might 'weathercocks', individuals who blow majority for one.
    [Show full text]
  • Liberator Questions Leadership Contenders 0 Liberal Gains Across
    0 Are they up to the job? - Liberator questions leadership contenders 0 Liberal gains across Europe - David Grace 0 Tiananmen comes to Khartoum - Rebecca Tinsley Issue 396 - June 2019 £ 4 Issue 396 June 2019 SUBSCRIBE! CONTENTS Liberator magazine is published six/seven times per year. Subscribe for only £25 (£30 overseas) per year. Commentary .......................................................................3 You can subscribe or renew online using PayPal at Radical Bulletin ...................................................................4..5 our website: www.liberator.org.uk ARE THEY UP TO THE JOB THEN? .................................6..10 Or send a cheque (UK banks only), payable to Liberator has sent a questionnaire to Liberal Democrat leadership “Liberator Publications”, together with your name contenders ever since 1988 and full postal address, to: IN - OUT - PENDING ......................................................11 Liberator Publications Whoever becomes the next Liberal Democrat leader, they can look Flat 1, 24 Alexandra Grove forward to an overflowing in-tray. Sarah Green takes a look inside London N4 2LF WHAT THE BBC WON’T TELL YOU ............................12..13 England Liberals saw a renaissance in the European Parliament elections, despite the media emphasis on the populist right, says David Grace THE LIBERATOR COLLECTIVE IDENTITY POLITICS BEYOND BREXIT .....................14..15 Jonathan Calder, Richard Clein, Howard Cohen, Everyone at York was given a copy of Vince Cable’s pamphlet, which Gareth Epps,
    [Show full text]
  • LONDON NEWS, GLOBAL VIEWS KCW YOUR LONDON NEWSPAPER to Ay ISSUE 89 NOVEMBER 2019 FREE
    LONDON NEWS, GLOBAL VIEWS KCW YOUR LONDON NEWSPAPER to ay ISSUE 89 NOVEMBER 2019 FREE NEWS OPINION COMMENT EDUCATION ARTS & CULTURE LITERATURE ASTRONOMY HEALTH EVENTS ENVIRONMENT SCIENCE & TECHNOLOGY DINING OUT MOTORING TRAVEL FASHION PROPERTY & HOME LIFESTYLE BUSINESS CROSSWORD BRIDGE CHESS Bonjour, Monsieur Gauguin, 1889. The Armand Hammer Collection GAUGUIN AT THE NATIONAL GALLERY UNTIL JANUARY 2020 2 November 2019 Kensington, Chelsea & Westminster Today www.KCWToday.co.uk Contents & Offices Kensington, Chelsea LONDON NEWS, GLOBAL VIEWS & Westminster Today KCWKENSINGTON, CHELSEA & WESTMINSTER, HAMMERSMITHto & FULHAM, WANDSWORTH a y AND SELECT LONDON BOROUGHS ISSUE 88 OCTOBER 2019 FREE Contents 80-100 Gwynne Road, London, NEWS SW11 3UW AUCTIONS OPINION Tel: 020 7738 2348 COMMENT BUSINESS EDUCATION HEALTH E-mail: [email protected] EVENTS EYECARE Website: INTERNATIONAL PROPERTY News www.kcwtoday.co.uk ARTS & CULTURE 3 ASTRONOMY Advertisement enquiries: DINING OUT MOTORING Statue & Blue Plaque [email protected] LITERATURE 8 TRAVEL Subscriptions: LIFESTYLE CROSSWORD Architecture [email protected] BRIDGE 9 CHESS Publishers: STREETSCAPE BRENDAN NEILAND SHOWS AT 45 PARK LANE, LONDON W1 Kensington & Chelsea Today Limited 10 Commemoration 12 News 14 Opinion & Comment Editor-in-Chief: Kate Hawthorne International Art Director & Director: Tim Epps 17 Senior Business Development: Antoinette Kovatchka Astronomy Architecture: Squinch 18 Art & Culture Editors: Don Grant, Marian Maitland Education Astronomy: Scott Beadle FRAS 19
    [Show full text]
  • Conference Guide for the 2021 European Movement Virtual Conference
    CONTENTS WELCOME ............................................................. 3 FRINGE SCHEDULE ........................................... 9 WELCOME TO THE CONFERENCE ..................... 3 SPEAKERS AND HOSTS ........................................ 10 CONFERENCE TIMELINE .................................... 3 APPEARING ON THE MAIN STAGE ................. 10 THE CONFERENCE SYSTEM ................................... 4 FRINGE EVENTS ................................................... 16 ABOUT THE SYSTEM ......................................... 4 ABOUT THE FRINGE ....................................... 16 REGISTRATION .................................................. 4 WORKSHOPS AND TRAINING ......................... 16 LOGGING IN ON THE DAY ................................. 5 NETWORKING ................................................ 17 NAVIGATION ..................................................... 5 EVENING SOCIAL ............................................ 17 CONFERENCE CHAT .......................................... 6 EXHIBITION ......................................................... 18 ASKING QUESTIONS .......................................... 7 ABOUT THE EXHIBITION ................................. 18 GETTING HELP .................................................. 7 LIST OF EXHIBITORS ....................................... 18 SOCIAL MEDIA .................................................. 7 FURTHER INFORMATION .................................... 18 SCHEDULE ............................................................
    [Show full text]
  • Peuple ”, Étude D’Un Talk Show Radiophonique Aux Accents Populistes, the Nigel Farage Show (LBC) Céline Autin
    Politique et spectacle de la voix : entre représentation et manipulation du “ peuple ”, étude d’un talk show radiophonique aux accents populistes, The Nigel Farage Show (LBC) Céline Autin To cite this version: Céline Autin. Politique et spectacle de la voix : entre représentation et manipulation du “ peuple ”, étude d’un talk show radiophonique aux accents populistes, The Nigel Farage Show (LBC). Sciences de l’information et de la communication. 2018. dumas-01950036 HAL Id: dumas-01950036 https://dumas.ccsd.cnrs.fr/dumas-01950036 Submitted on 10 Dec 2018 HAL is a multi-disciplinary open access L’archive ouverte pluridisciplinaire HAL, est archive for the deposit and dissemination of sci- destinée au dépôt et à la diffusion de documents entific research documents, whether they are pub- scientifiques de niveau recherche, publiés ou non, lished or not. The documents may come from émanant des établissements d’enseignement et de teaching and research institutions in France or recherche français ou étrangers, des laboratoires abroad, or from public or private research centers. publics ou privés. École Normale Supérieure de Lyon Département d’Études anglophones Mémoire de Master 2 Céline Autin Politique et spectacle de la voix : entre représentation et manipulation du « peuple », étude d’un talk show radiophonique aux accents populistes, The Nigel Farage Show (LBC). Sous la direction de Monsieur Georges Fournier 2017-2018 Sommaire Remerciements.....................................................................................................................................1
    [Show full text]
  • Boris Johnson Just One Year and a Half Since He Became Gaulle Said a Great NO Again in 1967
    L’Union Mauritian Overseas Unity fait Gazette is La Force Highland House, 165 The Broadway, Wimbledon, London SW19 1NE Strength Tel: 0773 907 2105 Email: [email protected] Website: http//:mauritianoverseasgazette.com At the service of the Mauritian Diaspora Issue No 0003 January 2021 PM Pravind Kumar Jugnauth’s New Year’s Address to the Nation In his New Year message delivered on 1 January the PM PKJ laid stress on the fact that he had at heart the wellbeing and the health of the nation. The health and well-being of the nation is his primary concern in keeping the frontiers of Mauritius closed to visitors from other coun- Hope for the world tries. The PM praised the resilience and discipline of the nation which helped the country to The vaccines are here! face and manage the pandemic. “288 days doing their other jobs like the war on illegal after the first case in Mauritius was diag- drugs that caused the death of young woman nosed we are able to celebrate within our constable Dimple Raghoo. He vowed that no families to welcome the New Year, he said in criminal, whatever his connection, would es- his message. cape justice. He said “we achieved this thanks to the ac- “To face any challenge, the younger generation tion we took to close our frontiers in time” it must be trained to become more resilient, enter- is clear that if we did not close the frontiers prising and productive ,” the PM pointed out. He and impose the 14-day sanitary confinement is fully confident that the young people will con- we would not be able to be together today to tribute to the progress of the country and this has celebrate.
    [Show full text]
  • Annual Report Shows
    NORMALISING HATRED Tell MAMA Annual Report 2018 Copyright © 2019 Faith Matters London, United Kingdom All rights reserved Material from this publication may only be reproduced with prior permission of Faith Matters. For further information please contact Faith Matters +44 (0) 207 935 5573 [email protected] To report a hate crime, please contact Tell MAMA +44 (0) 800 456 1226 [email protected] www.tellmamauk.org Twitter: @TellMAMAUK Facebook: www.facebook.com/tellmamauk Published 2nd September 2019 Research Team Lead: I. Atta Social Media Researcher and Editor-in-Chief: S Rose Research Team: S Rose, S Rahman & R Sikdar Get involved and support our work at www.tellmamauk.org NORMALISING HATRED Tell MAMA Annual Report 2018 CONTENTS 1 Peer review ......................................................................................................................................... 3 2 Foreword ............................................................................................................................................. 4 3 Executive Summary ............................................................................................................................ 5 3.1 Key Findings .............................................................................................................................. 5 4 Introduction ........................................................................................................................................ 7 5 Review of Existing Literature .............................................................................................................
    [Show full text]