John McDonnell steps up the rhetoric against capitalism and businesses once again. The “climate emergency” is providing him with the perfect cynical cover for it…

Labour have today gone hard on freeholds owned in offshore tax havens today, press releasing that 50,000 across the UK are under such arrangements. They neglect however to mention that among those 50,000 is their own Victoria Street HQ…

Labour are thought to pay half a million pounds a year to rent their London headquarters. The money goes to a tax exempt property unit trust fund based offshore in Jersey. John McDonnell today said that “It’s disgraceful that so much control is being exercised over UK property by offshore companies based in tax havens.” When will he be making good on his 2017 pledge to ‘end dealings’ with Labour’s current landlord..?

Not wanting to be left out as Theresa May succeeded in hobbling the UK economy yesterday with a trillion pound hit without MPs even voting on it, John McDonnell doubled down with an even more aggressive green assault on business last night. McDonnell told an incredulous City audience last night about his plans for legislation to de-list any company from the London Stock Exchange that failed to meet his environmental criteria. It’s hard to overstate just how bonkers this plan is…

One City financier branded it “financial totalitarianism” and said it would be a “catastrophe” for Britain’s economy if it was ever carried out. May’s desperate attempt to carve out some sort of meagre legacy for herself has started a bidding war with Labour over who can inflict more damage on the economy in the name of the “environment” which Corbyn and McDonnell are only too happy to go along with. Never mind the fact that Corbyn showed no signs of caring about it before posh protesters started holding yoga parties on London’s major thoroughfares. Puts “f*ck business” very much in context…

All this will mean is that companies will transfer their listing from the London Stock Exchange to the New York Stock Exchange. It will achieve nothing except to lessen the amount the City of London generates in tax revenues to fund public services. Kamikaze Communism…

John McDonnell has been busy retweeting his outrage today at Mark Field’s response to a woman who broke into last night’s Mansion House dinner walking towards the Chancellor while clutching a bag. But in 2011, John “Lynch The B*tch” McDonnell spoke about his desire to use physical violence against Tory and Lib Dem MPs “getting worse.” He told a Unison audience:

“I’m getting worse. I sit in Parliament opposite a group of multi-millionaires, who are cutting these services with alacrity. My problem is I’m beginning to feel physical towards them. These people need a good slapping.

My McAliskey moment is coming to me, and I’ve already been thrown out for grabbing the mace once.”

McDonnell told the audience he was “beginning to feel physical towards” MPs who supported the coalition government, citing Bernadette McAliskey, a republican MP for mid-Ulster who slapped Home Secretary Reginald Maudling across the face in the House of Commons following Bloody Sunday. It’s one rule for him and his violent language, another for an MP who took preventative measures against a protester who had broken and entered into last night’s dinner… 

Alastair Campbell is going for a repeat of his 2010 performance when he toured the studios arguing, most famously with Adam Boulton, that Gordon Brown should stay in Downing Street as Prime Minister because the Tories had not really won. Al’s now arguing, after saying he voted LibDem because Labour weren’t anti-Brexit enough, that if you add up all the remain supporting parties’ votes, remain won. Despite the Brexit Party clearly and obviously winning. The clue is in the name.

The remainstream Times is in peak Pravda-mode:

We can argue about whether Labour is or isn’t a pro-Brexit party. However in their own campaign literature the LibDems said Labour were a pro-Brexit party, Greens and Change UK also said Labour were a pro-Brexit party, even the party’s Deputy Leader said they were pro-Brexit. Bad Al himself voted LibDem because he thought they were not anti-Brexit enough for him!

The Conservative Party, which ran on the slogan that they were “the only party which can deliver Brexit” is somehow not counted by The Times as a Leave party. Laughable.

McDonnell’s going to get seasick if he keeps changing Brexit positions so quickly…