
LABOUR signalled its final capitulation to finance capital today when it confirmed the party would not reintroduce curbs on bankers’ bonuses.
Shadow chancellor Rachel Reeves performed the latest screeching policy U-turn under party leader Sir Keir Starmer, dropping a policy which she had championed as recently as three months ago.
Instead, she committed to avoiding any “massive upheaval” which might upset the City, which she pledged to “unashamedly champion” when in office.

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If Labour MPs who rebelled over the welfare reforms expected to be listened to, they shouldn’t have underestimated the vindictiveness of the Starmer regime. But a new left party that might rehome them is yet to be established, writes ANDREW MURRAY

Starmer doubles down on witch hunt by suspending the whip from Diane Abbott