LONDON: Billionaire John Caudwell, one of the governing Conservative Party’s biggest donors before Britain’s last national election in 2019, said on Tuesday he would instead be backing Keir Starmer’s Labour Party at the upcoming July 4 vote.
“I can declare publicly that I will vote for Labour, and I encourage everybody to do the same,” Caudwell said in a statement.
“We need a very strong Labour Government that can take extremely bold decisions and you can rest assured that I will be doing my best to influence them wherever I can, in putting the great back in Britain.”
Opinion polls consistently put Labour on course for a victory that would end 14 years of Conservative government. A poll published by Ipsos on Tuesday estimated Labour could win 453 seats to the Conservatives’ 115, giving them a huge parliamentary majority of 256.
Caudwell made nearly 1.5 billion pounds ($1.9 billion) in 2006 when he sold his mobile phone retailer Phones 4u.
He said he had been despairing about the Conservatives’ performance in government for “many years.”
Previously, in an interview with Reuters, Caudwell had expressed frustration at the Conservatives but described Labour as untested.
On Tuesday he cited current Prime Minister Rishi Sunak’s handling of the economy during the COVID-19 pandemic — when he was finance minister — and what he said was a lowering of ethical standards under former leader Boris Johnson. He described Liz Truss’s brief spell in charge, which spooked financial markets, as a “debacle.”
Caudwell said he liked the focus on accelerating economic growth in Labour’s manifesto: “As I have always said, the government must be much more commercially minded to grow GDP in order to finance the public services that benefit all of society without increasing taxes.”
Labour leader Starmer welcomed the endorsement.
“I’m delighted that John, someone with such a successful track-record in business, has today thrown his support behind the changed Labour Party that I lead,” he said.
“The message is clear: business backs change and economic stability with Labour, and rejects 5 more years of chaos and decline with the Tories.”
Billionaire UK political donor switches allegiance to back Labour
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Billionaire UK political donor switches allegiance to back Labour
- Opinion polls consistently put Labour on course for a victory that would end 14 years of Conservative government
Trump and Zelensky make nice after tensions over Ukraine war
- Zelensky later said he presented Ukraine's "Victory Plan" to Trump and "we thoroughly reviewed the situation in Ukraine and the consequences of the war for our people”
- The Ukrainian leader ehad met Trump’s election rival Kamala Harris, as well as President Joe Biden, on Thursday in Washington and both pledged their support for Ukraine
NEW YORK: Donald Trump and Volodymyr Zelensky held high-stakes talks Friday following several attacks by the White House hopeful on the Ukrainian president as the looming American election raises questions over long-term US support for ally Kyiv in its war with Russia.
Foreign policy hawks have voiced fears that a second Trump term would spell disaster for Ukraine’s defense, as the Republican has repeatedly defended Russia’s President Vladimir Putin while voicing skepticism over US funding for Kyiv.
Zelensky had met Trump’s election rival Kamala Harris, as well as President Joe Biden, on Thursday in Washington and both pledged their support for Ukraine.
Trump — who this week accused Zelensky of refusing to “make a deal” to end the conflict — vowed to bring peace if he wins a second term in office as the two men addressed reporters after their tete-a-tete at Trump Tower in New York.
“It’s a shame but this is a war that should have never happened and we’ll get it solved. It is a complicated puzzle,” Trump said. “Too many people dead. Too many beautiful cities.”
Before the meeting, which lasted less than an hour, the former US president had hailed his alliance with Zelensky but added: “I also have a very good relationship — as you know — with President Putin.”
Zelensky responded that the pair shared a “common view that the war in Ukraine has to be stopped” and that it is imperative that Ukraine prevail.
Later in a post on X, Zelensky described the meeting as “very productive.”
“I presented him our Victory Plan, and we thoroughly reviewed the situation in Ukraine and the consequences of the war for our people,” Zelensky wrote. “Many details were discussed. I am grateful for this meeting. A just peace is needed.”
The meeting initially looked like it would be scrapped after Zelensky told The New Yorker magazine that Trump “doesn’t really know how to stop the war” and that his running mate J.D. Vance is “too radical.”
The interview was published amid outcry over the Ukrainian leader’s trip to Pennsylvania, a critical US election battleground, with Democratic politicians to thank US workers for manufacturing ammunition that is helping Kyiv’s war effort against Moscow.
House Republicans have launched investigations into the trip, suggesting it amounted to election interference, and calling for Ukraine’s ambassador in Washington to be fired.
Trump, who refused to say whether he wants Ukraine to defeat Russia during his debate with Harris earlier this month, hit back at Zelensky at a campaign rally Wednesday in North Carolina, berating him as “a man who refuses to make a deal” for peace.
Zelensky is in New York this week for the UN General Assembly, and has been looking to shore up support for his country’s war effort as it struggles on the battlefield in the third year of Moscow’s invasion.
The Ukrainian leader presented a so-called “victory” plan to Biden and Harris at the White House on Thursday, with Biden announcing a new military aid package worth nearly $8 billion for Kyiv.
Standing with Zelensky at her side, Harris did not mention Trump by name but said there were “some in my country who would instead force Ukraine to give up large parts of its sovereign territory.”
Zelensky said Friday that his talks in the United States went “exactly as needed.”
“The Victory Plan has been presented to America, and we explained each point in detail. Now, our teams will work to implement every step and decision,” he wrote on social media.
However, the row with Trump underscored how November’s US election could upend the support that Ukraine receives from its biggest backer.
Trump has echoed many of Putin’s talking points, saying at a rally earlier this week that Ukraine could not beat Russia, highlighting its 1812 defeat of Napoleon but ignoring more recent military defeats.
When Trump was president, he asked Zelensky for potentially damaging political material on Biden ahead of the 2020 election while withholding vital military aid that had already been approved by Congress — leading to the first of his two impeachments.
But the Republican had maintained good relations with Zelensky, pleased that the Ukrainian defended him over his conduct. Trump spent much of the impromptu news conference reminding reporters of Zelensky’s support.
French pay tribute to student murdered in Paris
- The killing of 19-year-old student has led to fresh demands to crack down on illegal immigration
VERSAILLES, France: Nearly 3,000 people on Friday attended the funeral of a Paris student who was raped and murdered in a case that has inflamed a French debate on migration after a Moroccan was named as the suspected attacker.
The killing of the 19-year-old, named only as Philippine, whose body was found half-buried in a park in western Paris, has led to fresh demands to crack down on illegal immigration.
A 22-year-old Moroccan arrested in Geneva has been named as the suspected attacker.
Mourners packed Saint-Louis Cathedral in Versailles outside Paris for the funeral, with many waiting outside as the student’s wooden coffin was carried in.
“I thought it was important to come here to reflect and pay my respects,” said one 15-year-old girl, clutching a bouquet of white and purple flowers.
FASTFACT
A 22-year-old Moroccan arrested in Geneva has been named as the suspected attacker.
The girl’s mother, Anouck B., said many people were affected by the tragedy. “It was important to come and support the whole family,” she said.
The Moroccan suspect is expected to be extradited to France. French authorities say he had been previously convicted of rape and been the subject of an expulsion order.
On Thursday, President Emmanuel Macron, speaking on a visit to Montreal, called Philippine’s murder “a heinous and atrocious crime” and added that “we need to protect the public better.”
The conservative interior minister, Bruno Retailleau, has vowed to change immigration rules after the murder.
The student’s body was found in the Bois de Boulogne Park, not far from Paris-Dauphine University in the affluent 16th district.
According to prosecutors, the suspect was convicted in 2021 of a rape committed in 2019 when he was a minor.
He was released in June, served his sentence, and placed in an administrative detention center.
In early September, a judge freed him on condition he reported regularly to the authorities.
Since the murder, conservative and far-right politicians have urged harsh measures, saying deportation orders are not enforced properly.
“How many tragedies will France endure before our leaders react?” Jordan Bardella, leader of the far-right National Rally, said on the X social media platform.
However, some rights groups and left-wingers said the focus should not be on immigration but rather “feminicide.”
“Misogyny kills. Let’s not have the wrong debate,” said the women’s rights group CIDFF.
Iranian operatives charged in the US with hacking Donald Trump’s presidential campaign
- Three accused hackers were employed by Iran’s paramilitary Revolutionary Guard, Justice Department said
- Trump campaign said on Aug. 10 it had been hacked, Iranian actors stole sensitive internal documents
WASHINGTON: The Justice Department unsealed criminal charges Friday against three Iranian operatives suspected of hacking Donald Trump’s presidential campaign and disseminating stolen information to media organizations.
The three accused hackers were employed by Iran’s paramilitary Revolutionary Guard and their operation also targeted a broad swath of targets, including government officials, members of the media and non-governmental organizations, the Justice Department said.
The Trump campaign disclosed on Aug. 10 that it had been hacked and said Iranian actors had stolen and distributed sensitive internal documents. Multiple major news organizations that said they were leaked confidential information from inside the Trump campaign, including Politico, The New York Times and The Washington Post, declined to publish it.
US intelligence officials subsequently linked Iran to a hack of the Trump campaign and to an attempted breach of the Joe Biden-Kamala Harris campaign. They said the hack-and-dump operation was meant to sow discord, exploit divisions within American society and potentially influence the outcome of elections that Iran perceives to be “particularly consequential in terms of the impact they could have on its national security interests.”
Last week, officials also revealed that the Iranians in late June and early July sent unsolicited emails containing excerpts of the hacked information to people associated with the Biden campaign. None of the recipients replied. The Harris campaign said the emails resembled spam or a phishing attempt and condemned the outreach to the Iranians as “unwelcome and unacceptable malicious activity.”
The indictment comes at a time of heightened tensions between Washington and Tehran as Iran-backed Hezbollah and Israel escalate attacks against each other, raising concerns about the prospect of an all-out war, and as US officials say they continue to track physical threats by Iran against a number of officials including Trump.
US charges British man over ‘hack-to-trade’ scheme
- The US Department of Justice will seek the extradition of Robert Westbrook, 39, of London, to face securities fraud, wire fraud and five computer fraud charges
- Westbrook was arrested this week in the United Kingdom, and also faces related US Securities and Exchange Commission civil charges
WASHINGTON: A British man has been arrested and charged by US authorities with hacking into the computers of five companies to obtain details about their expected earnings and making $3.75 million of illegal profit by trading before results were released.
The US Department of Justice will seek the extradition of Robert Westbrook, 39, of London, to face securities fraud, wire fraud and five computer fraud charges contained in a criminal indictment made public on Friday.
Westbrook was arrested this week in the United Kingdom, and also faces related US Securities and Exchange Commission civil charges. His lawyer could not immediately be identified.
The companies were not identified by name in court papers filed in federal court in Newark, New Jersey.
Financial and stock price details in the SEC complaint suggest the companies are food container maker Tupperware, general contractor Tutor Perini, software provider Guidewire Software, gas station operator Murphy USA and telecommunications equipment maker Lumentum Holdings.
Authorities said Westbrook’s “hack-to-trade” scheme involved gaining access to executives’ email accounts between January 2019 and May 2020, and using material nonpublic information to buy stocks and options prior to at least 14 earnings announcements.
On several occasions, Westbrook allegedly implemented rules to have content from executives’ email accounts automatically forwarded to his own accounts.
Jorge Tenreiro, acting chief of the SEC’s crypto assets and cyber unit, called Westbrook’s activity a “sophisticated international hacking,” including the use of anonymous email accounts, VPN services, and bitcoin to conceal wrongdoing.
None of the five companies was accused of wrongdoing.
The securities fraud and wire fraud counts each carry a maximum 20-year prison term, while each computer fraud count carries a maximum five-year term.
US fines Air Canada over flights over prohibited Iraqi airspace
- Air Canada must pay $125,000 of the fine and owes another $125,000 if it violates the order again within a year.
WASHINGTON: The US Department of Transportation said Friday it had fined Air Canada $250,000 for operating flights in 2022 and 2023 in prohibited Iraqi airspace.
The agency had jurisdiction because those flights had United Airlines’ designator code. The violations occurred on numerous flights between the United Arab Emirates and Toronto in airspace that was prohibited by the Federal Aviation Administration to US operators.
Air Canada must pay $125,000 of the fine and owes another $125,000 if it violates the order again within a year. Air Canada stopped codesharing with United on the route in January 2023. Emirates was fined $1.5 million by the Transportation Department in June for operating flights carrying JetBlue Airways’ code over Iraqi airspace.
