Wed 22 Jul 2026
FTSE 100 10,710.91 +1.85%Microsoft 397.75 +3.33%NVIDIA 207.29 -2.13%Apple 327.74 +4.09%Google 346.19 -3.12%S&P 500 7,509.20 -0.46%Nasdaq 25,837.21 -1.03%Dow 52,224.64 -0.54%Russell 2000 2,987.40 +0.76%US 10Y Treasury 4.63% +1.83%Euro Stoxx 50 6,319.36 +0.57%DAX 25,189.65 +0.76%AEX-Index 1,097.48 -0.44%Nikkei 225 66,115.60 -3.83%Hang Seng 24,892.66 +0.86%Gold $4,120.70 +2.69%Silver $59.63 +6.40%Brent Crude Oil $84.45 -4.14%Natural Gas $2.89 -0.79%Copper $6.52 +4.76%GBP/USD 1.3368 -1.28%GBP/EUR 1.1714 -0.75%GBP/AUD 1.9109 -1.08%Bitcoin (USD) $66,033 +1.91%Ethereum (USD) $1,931 +3.73%FTSE 100 10,710.91 +1.85%Microsoft 397.75 +3.33%NVIDIA 207.29 -2.13%Apple 327.74 +4.09%Google 346.19 -3.12%S&P 500 7,509.20 -0.46%Nasdaq 25,837.21 -1.03%Dow 52,224.64 -0.54%Russell 2000 2,987.40 +0.76%US 10Y Treasury 4.63% +1.83%Euro Stoxx 50 6,319.36 +0.57%DAX 25,189.65 +0.76%AEX-Index 1,097.48 -0.44%Nikkei 225 66,115.60 -3.83%Hang Seng 24,892.66 +0.86%Gold $4,120.70 +2.69%Silver $59.63 +6.40%Brent Crude Oil $84.45 -4.14%Natural Gas $2.89 -0.79%Copper $6.52 +4.76%GBP/USD 1.3368 -1.28%GBP/EUR 1.1714 -0.75%GBP/AUD 1.9109 -1.08%Bitcoin (USD) $66,033 +1.91%Ethereum (USD) $1,931 +3.73%
Markets
Advertisement
Follow News in 60 on Facebook
UK Weather
London 22°C Partly cloudyBirmingham 19°C Partly cloudyManchester 17°C OvercastNewcastle 18°C OvercastBristol 22°C SunnyPembroke 18°C Partly cloudyEdinburgh 22°C Partly cloudyBelfast 19°C Partly cloudyInverness 17°C Partly cloudyPenzance 19°C SunnyHolyhead 18°C Partly cloudyNorwich 19°C Partly cloudy
More Info

Mandelson’s Appointment: A Political Liability for Starmer

Advertisement
Follow News in 60 on Facebook

The decision to appoint Lord Mandelson as an advisor continues to haunt Sir Keir Starmer’s leadership. As the government grapples with internal strife, Mandelson’s presence has become a focal point for criticism, particularly following recent election setbacks. The ongoing scrutiny of communications between ministers reveals a candid view of Labour’s struggles with welfare policy, highlighting tensions within the party about public spending and taxation.

The leaked messages, including blunt remarks from Pat McFadden, expose a rift in Labour’s approach to benefits and taxation, suggesting a disconnect between party leadership and grassroots sentiment. This could have lasting implications for Labour’s public image and its ability to unify ahead of future elections.

Moreover, the political fallout from Mandelson’s appointment is compounded by a broader decline in Starmer’s authority, as leadership challenges loom. The public’s appetite for revelations about Mandelson may be waning, but the damage to Starmer’s credibility is already evident.

As Starmer reflects on his tenure, the decision to involve Mandelson will likely be seen as a pivotal misstep, one that continues to reverberate through Labour’s strategy and public perception, potentially shaping the party’s future direction.

Source: BBC News

Read more Politics news →

News Category: Politics Tags: labour, mandelson, politics, starmer, welfare

Leave a comment

Your email address will not be published. Required fields are marked *