Jo Cox was fatally stabbed and shot in June 2016, days before Britain's referendum on its membership of the European Union. Matt Dunham/ AP Photo
Jo Cox was fatally stabbed and shot in June 2016, days before Britain's referendum on its membership of the European Union. Matt Dunham/ AP Photo
Jo Cox was fatally stabbed and shot in June 2016, days before Britain's referendum on its membership of the European Union. Matt Dunham/ AP Photo
Jo Cox was fatally stabbed and shot in June 2016, days before Britain's referendum on its membership of the European Union. Matt Dunham/ AP Photo

Sister of murdered British MP Jo Cox aims to contest by-election for her former seat


Nicky Harley
  • English
  • Arabic

The sister of British MP Jo Cox, who was murdered in a terrorist attack, is hoping to stand in a by-election in her former constituency.

Kim Leadbeater announced her wish to be considered as a Labour Party candidate ahead of the fifth anniversary of her sister's death.

Ms Cox was murdered by right-wing extremist Thomas Mair as she left her constituency office in Birstall, near Leeds, in the north of England in June 2016.

Cox, 41, was shot and stabbed to death a week before the 2016 Brexit referendum.

A by-election is expected in July for the Batley and Spen Valley seat after opposition Labour Party MP Tracy Brabin stepped down after her recent appointment as West Yorkshire mayor.

Ms Leadbeater, 44, said it would be an honour to "give the people of Batley and Spen the opportunity to put their trust in me".

“I care deeply about the area where I was born and have always lived, and where the people are second to none," she said.

“Through all the work I have done with Jo’s foundation over the past five years I have met so many truly fantastic people from across this area, some of them Labour, many not involved in party politics at all.

“This community picked me up when I needed it most and I will be forever grateful.”

The by-election is expected to be hotly contested on the back of the recent Hartlepool by-election in which Labour lost its seat for the first time to Boris Johnson's Conservatives.

The Batley and Spen seat has been held by Labour since 1997 and the party clung on by a slender majority of 3,525 votes at the last general election in 2019.

Labour leader Sir Keir Starmer is already facing mounting pressure after defeat in Hartlepool and the loss of another "red wall" seat in a northern heartland would fuel criticism.

Ms Leadbeater will be considered among a number of potential Labour candidates by local members in the coming weeks.

George Galloway, who lost his Bradford West seat to Labour’s Naz Shah at the 2015 general election, announced his Workers Party of Britain would be putting forward a candidate as an alternative to Labour.

"The Workers Party GB will be contesting the Batley and Spen parliamentary by-election as the patriotic working-class alternative to #StarmerMustGo," he tweeted.

"We fought for Brexit we fought for the Union. We will fight to unite all communities, for the working people of all backgrounds."

Former Ukip candidate Aleks Lukic announced his Heavy Woollen District Independents party would also field a candidate.

He said his party, which received 12.2 per cent of the vote in 2019, would "openly discuss sensitive issues".

"We take the position that religious and cultural beliefs must remain open to challenge and debate in a democratic society," he wrote on the party's webpage.

"We condemn hatred against any religion or race without exception."

The area faced problems with racial tensions in recent years.

Last month, a schoolteacher was suspended after showing pupils a cartoon of the Prophet Mohammed during a lesson, leading to protests from the community outside the school gates.

An independent investigation into the incident is due to report at the end of the month.

What is Reform?

Reform is a right-wing, populist party led by Nigel Farage, a former MEP who won a seat in the House of Commons last year at his eighth attempt and a prominent figure in the campaign for the UK to leave the European Union.

It was founded in 2018 and originally called the Brexit Party.

Many of its members previously belonged to UKIP or the mainstream Conservatives.

After Brexit took place, the party focused on the reformation of British democracy.

Former Tory deputy chairman Lee Anderson became its first MP after defecting in March 2024.

The party gained support from Elon Musk, and had hoped the tech billionaire would make a £100m donation. However, Mr Musk changed his mind and called for Mr Farage to step down as leader in a row involving the US tycoon's support for far-right figurehead Tommy Robinson who is in prison for contempt of court.

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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