The Labour Capital Party

The GMB’s anti-private equity campaign against venture capitalism is gaining traction as anger over job losses at the AA and Birds Eye spreads across the unions.

Venture capitalist, Ronnie “PFI” Cohen, Gordon’s moneybags backer, has a direct debit paying the equivalent of £20,000 a month to the Labour party. Nigel Doughty and Jonathan Aisbitt are another couple of red blooded capitalists happy to chip in a quarter of a million a year to the party formerly known as the worker’s party. Peter Hain said he wanted City slickers to give up their bonuses, but this week he doesn’t mind them giving their bonuses to the Labour party. He who pays the piper calls the tunes.

Last week Hain wanted City slickers to give their bonuses to “charity or invest it in regeneration schemes for unemployed kids”. Now he says “private equity funds provide a very good vehicle for start-ups, for rescue operations and for investment to grow” – which they do – with a tapered relief 10% tax rate on liquidation and tax deductible debt costs to offset against profits. Gordon of course ultimately makes the rules, is he going to side with his millionaire backers, or the workers?




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Ed Miliband goes studs in on Theresa May:

“When PM says “nothing has changed” she is lying. If she lies about this what else?”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Ministers Wheeled Out to Defend Ditched Care Policy Ministers Wheeled Out to Defend Ditched Care Policy
Watch: Crick Roasts “Weak and Wobbly” May Watch: Crick Roasts “Weak and Wobbly” May
Protester Arrested at May Wrexham Visit Protester Arrested at May Wrexham Visit
Clegg Spinning Brexit Doom Report Clegg Spinning Brexit Doom Report
Sunday Shows Sunday Shows
Read Tory Manifesto In Full Read Tory Manifesto In Full
Green Leaders Cringe Skit Green Leaders Cringe Skit
Never Ending Tory Deficit Reduction Horizon Never Ending Tory Deficit Reduction Horizon
LibDem Collapse Explained LibDem Collapse Explained
Taxpayers’ Alliance Updates Iconic Tory Poster Taxpayers’ Alliance Updates Iconic Tory Poster
Cult of Corbyn Cult of Corbyn
“Labour is Chocolate Gateau: Too Much Makes You Sick” “Labour is Chocolate Gateau: Too Much Makes You Sick”
Labour Election Broadcast Star’s “Tax Efficient” Accounting Labour Election Broadcast Star’s “Tax Efficient” Accounting
Reporter Grabs Boob Live on BBC Reporter Grabs Boob Live on BBC
Liar Clegg Brillo’d Liar Clegg Brillo’d
Listen: Was McDonnell Handed Deficit Note? Listen: Was McDonnell Handed Deficit Note?
Progressive Alliance Map of Chaos Progressive Alliance Map of Chaos
Andrew Murray’s Greatest Hits Andrew Murray’s Greatest Hits