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Even before Jeremy Corbyn was declared the winner of the seat he has held for more than 40 years, his supporters were in a boisterous mood.
As the votes for the Labour candidate Praful Nargund were about to be announced, “bad luck, mate” pierced the air of the sports centre in north London that was being used to count the votes.
It was clear the Corbyn backer wasn't genuinely offering his commiserations.
After laughter, came chants of “Free Palestine” as the former Labour leader began to speak.
His voice betrayed the emotion he felt at being returned to Parliament as an independent, after previously representing the area for Labour.
“I owe my life and my learning and my abilities entirely to the people of Islington North. This victory is dedicated entirely to them,” Mr Corbyn said.
He also said voters who backed his old party would be “looking for a government that on the world stage will search for peace and not war and not allow for terrible conditions that are happening in Gaza at the present time”.
His supporters’ glee at their hero turning the tables on a Labour Party that had first suspended him, in 2020, and then expelled him when he chose to run as an independent was palpable.
A chant of ‘oh, Jeremy Corbyn’ broke out as a keffiyeh was waved around in the air, a nod to his lifelong support for the Palestinian cause.
On a night in which Labour overturned the disastrous result of the 2019 general election, overseen by Mr Corbyn, and secured a historic majority, the former leader of the party secured his own turnaround.
He was suspended by Labour in 2020 after he refused to fully accept the Equality and Human Rights Commission’s findings that the party broke equality law when he was in charge and said anti-Semitism had been “dramatically overstated for political reasons”.
But there he was on stage giving a victory speech in the general election.
After finishing addressing the hall and as he talked to a scrum of reporters, Mr Corbyn was asked by The National what he hoped he could achieve on Gaza in the new parliament.
“The issue of a ceasefire in Gaza is absolutely central and quite obviously there are a lot of Labour MPs, and Greens and Liberal Democrats, and some Conservatives who recognise that we cannot go on observing the destruction and loss of life in Gaza,” he said.
“There has to be a ceasefire in Gaza and I’ll be on the demonstration on Saturday and I will be making that case and I will also, of course, be making that case in parliament when it resumes.”
Labour wins UK election - in pictures
Earlier, Labour’s press team were tight-lipped about the party’s chances in the seat, a sign that they were not optimistic about their chances. Soon after rumours began circulating that Mr Corbyn had won.
The sight of him looking at what appeared to be a victory speech beside the stage where the results were read out was the first hint that talk of a Corbyn victory was not merely speculation.
In the end, Mr Nargund was probably on a hiding to nothing trying to unseat his 75-year-old rival from a constituency he has held since 1983, more than half his adult life.
What pollsters YouGov had predicted could be “toss up” between Mr Corbyn and his rival in fact turned out to be anything but that as he romped home with a 7,247 majority.
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What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants
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