Jeremy Corbyn re-elected: Chants of 'Free Palestine' as former leader beats Labour


Tariq Tahir
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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.

Jeremy Corbyn speaks after being declared winner of the North Islington Parliamentary seat, in London. EPA
Jeremy Corbyn speaks after being declared winner of the North Islington Parliamentary seat, in London. EPA

“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.

Jeremy Corbyn supporters celebrate as he is declared the winner. EPA
Jeremy Corbyn supporters celebrate as he is declared the winner. EPA

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

  • Labour leader Keir Starmer celebrates winning the UK general election with a speech at Tate Modern in central London. Getty Images
    Labour leader Keir Starmer celebrates winning the UK general election with a speech at Tate Modern in central London. Getty Images
  • Mr Starmer and his wife Victoria arrive at the Tate Modern. PA
    Mr Starmer and his wife Victoria arrive at the Tate Modern. PA
  • Mr Starmer gives a victory speech at the Tate Modern. PA
    Mr Starmer gives a victory speech at the Tate Modern. PA
  • Mr Starmer greets former Labour leader Neil Kinnock. AP
    Mr Starmer greets former Labour leader Neil Kinnock. AP
  • Prime Minister and Conservative Party leader Rishi Sunak retained his seat as MP for Richmond and Northallerton, in Northallerton, North Yorkshire. AFP
    Prime Minister and Conservative Party leader Rishi Sunak retained his seat as MP for Richmond and Northallerton, in Northallerton, North Yorkshire. AFP
  • Jeremy Corbyn (C) gives a speech after being declared winner of the North Islington Parliamentary seat, in London, Britain, 05 July 2024. Britons went to the polls on 04 July 2024 to elect new members of Parliament following the call by Britain's Prime Minister Sunak for a snap election. EPA / JON ROWLEY
    Jeremy Corbyn (C) gives a speech after being declared winner of the North Islington Parliamentary seat, in London, Britain, 05 July 2024. Britons went to the polls on 04 July 2024 to elect new members of Parliament following the call by Britain's Prime Minister Sunak for a snap election. EPA / JON ROWLEY
  • Nigel Farage, leader of Reform UK, was victorious in Clacton-on-Sea, in Essex. Bloomberg
    Nigel Farage, leader of Reform UK, was victorious in Clacton-on-Sea, in Essex. Bloomberg
  • Conservative MP Jacob Rees-Mogg leaves University of Bath after losing his seat in the North East Somerset and Hanham constituency. AP
    Conservative MP Jacob Rees-Mogg leaves University of Bath after losing his seat in the North East Somerset and Hanham constituency. AP
  • Liberal Democrat leader Ed Davey celebrates at London Art Bar, central London, after his party seemed poised for a successful night. AP
    Liberal Democrat leader Ed Davey celebrates at London Art Bar, central London, after his party seemed poised for a successful night. AP
  • Penny Mordaunt lost her seat in the Portsmouth North constituency to Labour. PA
    Penny Mordaunt lost her seat in the Portsmouth North constituency to Labour. PA
  • Scottish Labour leader Anas Sarwar celebrates with Maureen Burke after she won in Glasgow North East. Reuters
    Scottish Labour leader Anas Sarwar celebrates with Maureen Burke after she won in Glasgow North East. Reuters
  • Sir Archibald Stanton standing for the Official Monster Raving Loony Party poses for a picture at the Richmond and Northallerton count centre in Northallerton, North Yorkshire. AFP
    Sir Archibald Stanton standing for the Official Monster Raving Loony Party poses for a picture at the Richmond and Northallerton count centre in Northallerton, North Yorkshire. AFP
  • Mr Starmer is congratulated by fellow candidates Bobby 'Elmo' Smith and Nick 'The Flying Brick' Delves after winning his seat for Holborn and St Pancras, at the Camden Council count centre in London. AFP
    Mr Starmer is congratulated by fellow candidates Bobby 'Elmo' Smith and Nick 'The Flying Brick' Delves after winning his seat for Holborn and St Pancras, at the Camden Council count centre in London. AFP

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.

T20 World Cup Qualifier

Final: Netherlands beat PNG by seven wickets

Qualified teams

1. Netherlands
2. PNG
3. Ireland
4. Namibia
5. Scotland
6. Oman

T20 World Cup 2020, Australia

Group A: Sri Lanka, PNG, Ireland, Oman
Group B: Bangladesh, Netherlands, Namibia, Scotland

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

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How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

GIANT REVIEW

Starring: Amir El-Masry, Pierce Brosnan

Director: Athale

Rating: 4/5

MATCH INFO

Fixture: Thailand v UAE, Tuesday, 4pm (UAE)

TV: Abu Dhabi Sports

THE BIO:

Sabri Razouk, 74

Athlete and fitness trainer 

Married, father of six

Favourite exercise: Bench press

Must-eat weekly meal: Steak with beans, carrots, broccoli, crust and corn

Power drink: A glass of yoghurt

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Name: Yousef Al Bahar

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Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

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Australia

9.

Saudi Arabia

10.

South Korea

Who has lived at The Bishops Avenue?
  • George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
  • Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
  • Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Updated: July 05, 2024, 6:40 AM