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Politics

  • Barclays boss calls for political ‘stability’ as banker’s pay packet swells to £15m

    February 10, 2026

    The boss of British banking giant Barclays has called for “stability” across the political landscape as the Labour government’s future faces uncertainty. CS Venkatakrishnan, the bank’s chief executive who is known as Venkat, faced questions on the turmoil in Number 10 after Barclays published its full-year earnings report. “From the point of view of businesses [...]

  • Starm before the storm? PM survives the day but crisis still looms.

    February 10, 2026

    Sir Keir Starmer has insisted he is “getting on with the job” following a punishing 24 hours in which he lost his Chief of Staff, his Director of Communications and the support of Labour’s leader in Scotland as the fallout from the Peter Mandelson scandal threatens to collapse the government. As leadership speculation continued to [...]

  • Brace yourself for the chaos that will follow Starmer’s departure

    February 10, 2026

    Anas Sarwar is not a name often seen in the pages of City AM but he’s earned his place after yesterday’s hastily announced press conference in which he called for Keir Starmer to resign as Prime Minister. Prior to his intervention there had been radio silence from Starmer’s Cabinet ministers, not one of whom had [...]

  • Mandelson’s Global Counsel has been rocked by its links to Epstein. Will it survive?

    February 10, 2026

    Global Counsel – the lobbying shop co-founded by Peter Mandelson – was once a swashbuckling force in London’s world-leading public affairs sector. But after the extent of its links to Jeffrey Epstein were revealed by the US Department of Justice email release, clients have been severing ties and its chief executive has quit. Ali Lyon [...]

  • Cabinet rallies around Starmer as Scottish Labour leader calls on PM to quit

    February 9, 2026

    Every Cabinet minister, alongside former deputy leader Angela Rayner, has given public backing to Sir Keir Starmer’s position, following a speech from the Scottish Labour leader calling for the PM to step down. Possible leadership contenders, also including Wes Streeting, Shabana Mahmood and Ed Miliband, have posted supportive messages on social media in quick succession. [...]

  • Starmer’s chief of staff Morgan McSweeney resigns over Mandelson appointment

    February 8, 2026

    The chief of staff to Prime Minister Sir Keir Starmer has resigned following mounting criticism over the appointment of Peter Mandelson to the US ambassadorship. Morgan McSweeney – who succeeded Sue Gray to the post in October 2024 – said the decision to nominate Lord Mandelson as ambassador to the US was “wrong” and he [...]

  • Union bosses call for another workers’ rights push amid Labour turmoil

    February 8, 2026

    Union bosses are capitalising on the turmoil across the Labour party leadership to push for another major workers’ rights shakeup as Prime Minister Keir Starmer tries to fend of a rebellion from the left. The government is being urged to go beyond its manifesto commitments and hand all workers the right to guaranteed hours – [...]

  • Peter Mandelson should return five-figure payoff after being sacked, says minister

    February 8, 2026

    A Cabinet minister and key ally of the Prime Minister has said Peter Mandelson should return the payoff he bagged after being sacked as the UK’s ambassador to the US. Work and Pensions Secretary Pat McFadden told Sky News Mandelson should “give [the payoff] back or give it to a charity, perhaps one involving violence [...]

  • Lib Dems urge FCA probe into Mandelson leaks

    February 7, 2026

    The Liberal Democrats have called on the UK’s financial watchdog to immediately investigate Peter Mandelson, warning that his alleged sharing of confidential government information with Jeffrey Epstein may have led to insider trading during the financial crisis. In a letter to Financial Conduct Authority (FCA), chief executive Nikhil Rathi, Liberal Democrat deputy leader Daisy Cooper said it was “crucial” to establish whether [...]

  • The Mandelson Epstein scandal: Squalid, brazen and outrageous

    February 5, 2026

    Sex, money, power and influence. Peter Mandelson, once a towering figure in Labour, in the government and in the City, has fallen. He is now the subject of a police investigation into allegations of misconduct in public office after thousands of emails contained in the latest Epstein files released by the US Department of Justice [...]

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