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Free AccessPolice Launch Investigation Into Labour Deputy Leader
Greater Manchester Police have announced that they have launched an investigation into Angela Rayner MP, the deputy leader of the main opposition Labour Party. The investigation focuses on allegations made against Rayner that she may have broken electoral law by not properly disclosing her main residence in official documents. Sky News reports "Ms Rayner has faced scrutiny about whether she paid the right amount of tax on the 2015 sale of her council house because of confusion over whether it was her principal residence."
- In spite of the headline-grabbing nature of the story, the investigation is unlikely to have any significant impact on the UK's electoral outlook. Opinion polling shows the centre-left Labour Party remains on course to win a substantial majority in the next general election, expected to be called for some point in October or November.
- While the outcome of the investigation is uncertain, should it eventually upend the political career of Rayner it could lead to some shifts in the composition of the likely next gov't. Rayner is viewed as one of the seniormost figures on the 'soft left' of the party. Should she lose her position as deputy leader, shadow Deputy PM, or shadow Levelling Up Secretary it would leave all top positions within Sir Keir Starmer's shadow cabinet held by MPs on the right of the party.
Source: YouGov, Survation, Ipsos, Savanta, People Polling, More in Common, Techne, JL Partners, Redfield and Wilton, Opinium, We Think, Deltapoll, BMG, MNI
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.