{"id":43459,"date":"2026-02-02T10:39:02","date_gmt":"2026-02-02T10:39:02","guid":{"rendered":"https:\/\/naijaglobalnews.org\/?p=43459"},"modified":"2026-02-02T10:39:02","modified_gmt":"2026-02-02T10:39:02","slug":"mandelson-quits-labour-as-epstein-documents-reveal-he-urged-bank-to-threaten-labour-chancellor-over-banker-tax-uk-politics-live-politics","status":"publish","type":"post","link":"https:\/\/naijaglobalnews.org\/?p=43459","title":{"rendered":"Mandelson quits Labour as Epstein documents reveal he urged bank to \u2018threaten\u2019 Labour chancellor over banker tax \u2013 UK politics live | Politics"},"content":{"rendered":"

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Starmer confirms he wants to see Angela Rayner back in government ‘at right point’, saying she is ‘fantastic asset’<\/h2>\n

Keir Starmer<\/strong> has confirmed that he wants to see Angela Rayner, the former deputy PM, back in government.<\/p>\n

In an interview with Times Radio broadcast this morning, Starmer described her as a \u201cfantastic asset for the Labour party\u201d.<\/p>\n

Rayner resigned in September last year after it emerged that she had inadvertently paid too little stamp duty when she bought a flat in Hove.<\/p>\n

Starmer said that, at the time, he made it clear that he would like to see her back, and he confirmed that in his interview. He said:<\/p>\n

I would like to have Angela back at the right point. I\u2019ve always been clear she has a future role to play \u2026<\/p>\n

She played a huge part in the achievement that we got at the last election, getting elected. We\u2019ve just passed the Employment Rights Act, which has got her fingerprints all over it.<\/p>\n

Rayner would be \u201ca big voice in the future, as well as the past\u201d, he said.<\/p>\n

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Tories and SNP call for inquiry into how Mandelson came to be appointed ambassador given Epstein links<\/h2>\n

Opposition parties are calling for an inquiry into how Peter Mandelson came to be appointed ambassador to Washington in the light of the new Epstein revelations, and the peer\u2019s resignation from the Labour party.<\/p>\n

A Conservative party spokesperson<\/strong> said:<\/p>\n

Lord Mandelson is competely disgraced. Yet Keir Starmer lacked the backbone to take action, allowing Mandelson to resign from the Labour party instead of kicking him out.<\/p>\n

Keir Starmer and his chief of staff [Morgan McSweeney] appointed Mandelson ambassador despite his relationship with Epstein, and then refused to act even as the mountain of evidence against him grew.<\/p>\n

Given the prime minister\u2019s appalling lack of judgment and the participation of his Downing Street operation, there must now be a full and thorough independent investigation.<\/p>\n

Stephen Flynn<\/strong>, the SNP leader at Westminster, has written an open letter to Sir Laurie Magnus, the PM\u2019s ethics adviser, asking for an investigation. In the letter Flynn says:<\/p>\n

The current prime minister, Keir Starmer, appointed Peter Mandelson as UK ambassador to the United States of America, prior to that he was appointed to the House of Lords and to the cabinet by a previous Labour prime minister, Gordon Brown and prior to that he was a member of several British cabinets under Tony Blair. <\/p>\n

Given the serious allegations that are still emerging regarding the extent of the relationship, political influence, and financial hold the convicted paedophile Jeffrey Epstein had over Lord Mandelson \u2013 there is an urgent need for a full and swift investigation into Peter Mandelson\u2019s conduct in public life and importantly \u2013 particularly in terms of your own remit \u2013 how and why he was ever appointed to high office by these Labour prime ministers.<\/p>\n

Last month the SNP called for Mandelson to be stripped of his peerage over his Epstein links. It requires an act of parliament for someone to lose a peerage, and this has not happened since the first world war, when legislation was passed to remove peerages from a handful for Germans and Austrians who had peerages as a result of British heritage.<\/p>\n

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Mandelson quits Labour as Epstein documents reveal he urged bank to \u2018threaten\u2019 Labour chancellor over banker tax<\/h2>\n

Good morning. Peter Mandelson\u2019s career in politics appears to be over. To be fair, journalists have written this at least four times before. But this time it may actually turn out to be true.<\/p>\n

It was my former Guardian colleague David Hencke who first wrote a story in 1998 about a career-ending Mandelson scandal. It involved an undisclosed loan from a millionaire, and Mandelson resigned as trade secretary. Three years later Mandelson was back in cabinet, as Northern Ireland secretary, when he had to resign again, over another story involving a favour and a rich person (this time a billionaire \u2013 Mandelson\u2019s appetite for scandal has been upwardly mobile). After a stint as a European commissioner, he returned to cabinet and it was assumed that Labour\u2019s defeat in the 2010 general election would finish his politcal career. \u201cAll of us believe in dignity in retirement,\u201d said Ed Miliband, the incoming Labour leader, explaining why he would not be giving Mandelson a job.<\/p>\n

But Keir Starmer did give Mandelson a job \u2013 a dream one, ambassador to the US. In September Mandelson was sacked over his past links with the late Jeffrey Epstein, a convicted child sex offender. And last night, as further revelations about his dealing with Epstein came to light, Mandelson resigned from the Labour party.<\/p>\n

Here is our overnight story, by Alexandra Topping <\/strong>and Pippa Crerar.<\/strong><\/p>\n

For Mandelson, dignity in retirement has clearly not been achieved; the story is illustrated with a picture, from the Epstein files, showing the peer in his underpants.<\/p>\n

As Mandelson explained in his statement last night, he says is quitting the party primarily because of the embarassment caused by documents in the files suggesting Epstein paid him $75,000. Mandelson believes this claim this false, and that the documentation is not accurate.<\/p>\n

But he has not contested another revelation that has emerged in the Epstein files, showing that in 2009 he advised Epstein on how JPMorgan, the investment bank, should lobby his cabinet colleague Alistair Darling, the then chancellor, against a proposed tax on bankers\u2019 bonsuses.<\/p>\n

As Jim Pickard<\/strong> reports in his story for the Financial Times, Epstein emailed Mandelson to ask if the new tax might only apply to the cash portion of bonuses. Pickard says:<\/p>\n

Mandelson responded within minutes: \u201cTrying hard to amend as I explained to Jes last night. Treasury digging in but I am on case.\u201d Epstein replied with: \u201clet me know before jes please\u201d, in an apparent reference to Jes Staley, then a senior banker at JPMorgan.<\/p>\n

Two days later on December 17, Epstein emailed Mandelson asking whether Jamie Dimon, chief executive of JPMorgan, should \u201ccall darling one more time?\u201d<\/p>\n

Mandelson replied, saying: \u201cYes and mildly threaten.\u201d<\/p>\n

Mandelson<\/strong> told the Financial Times:<\/p>\n

Every UK and international bank was making the same argument about the impact on UK financial services. My conversations in government at the time reflected the views of the sector as a whole, not a single individual.<\/p>\n

Here is the agenda for the day.<\/p>\n

Morning:<\/em> Kemi Badenoch and Mel Stride, the shadow chancellor, are on a visit in London.<\/p>\n

11.30am:<\/em> Downing Street holds a lobby briefing.<\/p>\n

Morning:<\/em> Nick Thomas-Symonds, the EU relations minister, holds a meeting with his EU counterpart, Maro\u0161 \u0160ef\u010dovi\u010d. \u0160ef\u010dovi\u010d also has a meeting with Rachel Reeves, the chancellor, and Peter Kyle, the business secretary.<\/p>\n

2.30pm:<\/em> John Healey, the defence secretary, takes questions in the Commons.<\/p>\n

After 3.30pm:<\/em> Keir Starmer is expected to make a statement to MPs about his trip to China.<\/p>\n

If you want to contact me, please post a message below the line when comments are open (between 10am and 3pm), or message me on social media. I can\u2019t read all the messages BTL, but if you put \u201cAndrew\u201d in a message aimed at me, I am more likely to see it because I search for posts containing that word.<\/p>\n

If you want to flag something up urgently, it is best to use social media. You can reach me on Bluesky at @andrewsparrowgdn.bsky.social. The Guardian has given up posting from its official accounts on X, but individual Guardian journalists are there, I still have my account, and if you message me there at @AndrewSparrow, I will see it and respond if necessary.<\/p>\n

I find it very helpful when readers point out mistakes, even minor typos. No error is too small to correct. And I find your questions very interesting too. I can\u2019t promise to reply to them all, but I will try to reply to as many as I can, either BTL or sometimes in the blog.<\/p>\n

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Updated at\u00a005.11 EST<\/p>\n","protected":false},"excerpt":{"rendered":"

Key events Show key events only Please turn on JavaScript to use this feature Starmer confirms he wants to see Angela Rayner back in government ‘at right point’, saying she is ‘fantastic asset’ Keir Starmer has confirmed that he wants to see Angela Rayner, the former deputy PM, back in government. In an interview with<\/p>\n","protected":false},"author":1,"featured_media":43460,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[3189,5619,4166,5259,3703,134,132,3695,124,13449,1507,101,773,322],"class_list":{"0":"post-43459","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-politics","8":"tag-bank","9":"tag-banker","10":"tag-chancellor","11":"tag-documents","12":"tag-epstein","13":"tag-labour","14":"tag-live","15":"tag-mandelson","16":"tag-politics","17":"tag-quits","18":"tag-reveal","19":"tag-tax","20":"tag-threaten","21":"tag-urged"},"_links":{"self":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/43459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43459"}],"version-history":[{"count":0,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/43459\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/media\/43460"}],"wp:attachment":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}