‘Jellyfish’ and ‘doormat’: why is Keir Starmer so deeply unpopular?


Ratcliffe says immigrants cost too much, while Ineos lobbies for state funding
The backlash against Sir Jim Ratcliffe’s comments about immigrants to the UK “costing too much” for the state comes at an awkward time for his loss-making Ineos business.The billionaire industrialist’s sprawling empire, which ranges from chemicals to car making, has sought government financial support worth hundreds of millions of pounds and is lobbying for further state aid from the UK and EU to stay afloat.Britain’s seventh-richest man provoked outrage by accusing immigrants of “colonising” Britain and implying that people on benefits were an unaffordable drain on public funds.But Ratcliffe, who has also described carbon taxes as “the most idiotic tax in the world”, has in recent years laid claim to state support through grants and loan guarantees worth about €800m from UK and EU governments to help his refineries and chemicals plants during an extended downturn for the industry.Ratcliffe told Sky News: “You can’t have an economy with 9 million people on benefits and huge levels of immigrants coming in

Ex-Barclays boss Jes Staley was trustee of Jeffrey Epstein’s estate until 2015, files say
The former Barclays boss Jes Staley was named as a trustee of Jeffrey Epstein’s estate until at least May 2015, according to documents that appear to contradict court testimony given by the banker.This month the Guardian revealed that US prosecutors had reviewed allegations of rape and bodily harm against Staley, who denies any wrongdoing. He has never been charged with a crime related to the allegations.On Thursday, documents emerged that raised questions over whether Staley gave inaccurate evidence in court last year about the nature of his ties to the late convicted sex offender Epstein.Staley’s signature appears on a copy of the Jeffrey E Epstein 2014 Trust, dated November 2014, where he is named as one of three trustees

Schroders agrees £9.9bn takeover by US investor, ending 200 years of family ownership
Schroders has agreed a £9.9bn takeover by a US investor, ending two centuries of family ownership of the historic British asset management group.Chicago-based Nuveen will buy the City firm, it said on Thursday, in a deal that will create one of the world’s biggest fund managers, controlling about $2.5tn (£1.8tn) of assets

UK economy limps along at 0.1% growth – but there are reasons for optimism in 2026
Rachel Reeves has suggested 2026 is the year Labour can start to deliver on its economic promises; but 0.1% GDP growth in the final quarter of last year is hardly the springboard she was hoping for.In the supportive message on X she sent on Monday as Keir Starmer’s future appeared under threat, the chancellor claimed “the conditions for the economy to grow are there”.But the latest data, published by the Office for National Statistics (ONS), suggests that despite six interest rate cuts from the Bank of England since mid-2024, consumers and businesses are not yet taking the hint.Output from the key services sector was flat over the final quarter of the year, the ONS said, with construction – crucial to Labour’s ambitious housebuilding targets – declining by 2

UK economy grows by only 0.1% amid falling business investment
The UK economy expanded by only 0.1% in the final three months of last year, according to official data, as falling business investment and weak consumer spending led to little momentum going into 2026.Figures from the Office for National Statistics (ONS) show that the economy grew at the same rate of 0.1% as the previous three months. This was less than a 0

Housing market in England and Wales ‘showing tentative signs of recovery’
There are “tentative signs” that the housing market in England and Wales is recovering from a months-long slowdown after uncertainty around the autumn budget and economic pressures, estate agents and surveyors have reported.The Royal Institution of Chartered Surveyors (Rics) said its members were feeling more optimistic about the year ahead than at any time since December 2024, as inquiries from new buyers, agreed sales and house prices became less negative in January.A monthly survey of chartered surveyors in England and Wales showed a net balance of 35% of Rics members expect an increase in house sales over the next 12 months. The index measures the difference between the share of agents reporting rising and falling optimism.Demand from new buyers was still down, however, with a net balance of -15% of respondents saying they had seen a further decrease in inquiries in January, but Rics said this figure showed “diminished negativity”, after a reading of -21% in December and -29% in November

Jim Ratcliffe apologises for ‘choice of language’ after saying immigrants ‘colonising’ UK

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