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3 MASSIVE Labour Policies Tied to £4m Tax Haven Donation!
Right, so for as much as the Lord Alli allegations mount up, now involved in buying MPs houses and apparently having interests in a tax haven based firm and of course there’s been the donation of £20,000 for his son to study quietly for his GCSE’s despite neither the dates nor the amount of that donation lining up with the correct timeframe, as much as these are highly questionable scandals, there has been the whiff of these coming thick and fast to cover up that £4m largest donation in Labour’s history that came from a hedge fund based in the Cayman Islands and of course you wonder what that is paying for, that is the question that should always be asked where donors are involved and a donation of this size and currently there are three issues which aren’t getting enough coverage where there has been too much focus on Starmer accepting clothes and revision space and everything else.
For one it very much appears that Labour’s climate change policy has been sold out to this hedge fund, which represents significant interests in the fossil fuel industry, for two, Labour is now looking set to water down it’s plans to tax non doms and for three there is the AI Intelligence scheme and you can’t help but think that taking money from a tax haven based hedge fund has something to do with all of this.
Right, so the coverage of Labour scandals under Keir Starmer across the Labour Conference period has meant that conference has been nothing short of an unmitigated disaster, it has exposed the new government, the Starmer regime of being no less morally ambiguous than the Tories and the policy so far has represented no change either, just more of the same, the burden of dealing with Labour’s alleged black hole just meaning more austerity for ordinary working class people, despite Starmer’s claims that those with the broadest shoulders should bear the greatest share of the burden.
Of course when you boil down what Labour has actually done instead it shouldn’t be much of a surprise that they’ve turned out just like the Tories, when they take big donations just like the Tories, the policy being shaped by those coughing up the cash, because nobody gives away their cash and not in the tens of thousands or even millions, for purely altruistic and goodness of their heart reasons. They’re all buying something.
Sure, whilst episodes like Lord Alli’s numerous donations and involvement in the Starmer government has won the headlines, from right wing Labour MP Siobhain McDonough’s house, to Starmer and his wife’s clothes and glasses, to his involvement in a tax haven based business venture not appearing on his Lord’s register of interests and more – and that is aside from non Lord Alli involved donor issues like the StudyGate saga concerning Starmer’s son’s revision space, with neither the donation covering the cost of a months rental, nor the rental period matching the GCSE exam cycle, there’s certainly been a lot to distract the public with ans ure I’m guilty of covering these stories too, they are damning in their own right, but when another donation goes far less reported and it is the matter of a £4m donation from a Cayman Islands based hedge fund, Quadrature Capital, you can’t help but think somewhat lesser but still egregious offences are being pushed to cover up for something much worse and even though I have also covered this donation previously, the big question of why it was given, what were they buying had not at that point been really answered. Sure there were clues, we knew the company in question had interests in all manner of industries, from arms manufacturers, to fossil fuels, to banking, some of the very worst of the worst but now we’ve got three Labour policy announcements since this donation was made, during the election campaign, but so that electoral commission rules meant it has only been declared now and which can be seen to directly benefit Quadrature’s business interests that I’ve been able to identify.
Possibly the best covered of these, not that that is saying a lot, it is alt media and political commentator’s discussing this more than anything else, has been the appointment of Rachel Kyte to the previously scrapped role under Rishi Sunak of government Climate Envoy, a somewhat surprising move from Starmer in a way, since we already know he doesn’t really care about environmental issues, GB Energy is a scam ,and he publicly stated he hates tree huggers, so why do this?
Well as I covered previously, despite having interests in the fossil fuel industry, Quadrature Capital also have a Climate Foundation and I had trouble squaring that hole, insofar as how can Quadrature possibly give a toss about the environment, whilst holding and obviously promoting fossil fuel industry assets? Of course if it is all politics, if it is all for show, that would explain a lot wouldn’t it? And if true, Labour appointing anybody linked to that would of course be par for the course as far as Starmer’s own apparent environmental interests lean, so the fact Rachel Kyte also sits on Quadrature Capital’s Climate Foundation Board. In fact, she’s the co-chair. £4m donation from Quadrature Capital, a tax haven based hedge fund with interests in the fossil fuel lobby, whilst also maintaining a climate foundation, which you find hard to believe they can possibly take seriously and all of a sudden, their climate foundation co-chair is now Labour’s climate envoy. For the climate or the fossil fuel lobby, which do you think was paid for?
The second policy area is one the Financial Times has raised which is an expected announcement to come from Rachel Reeves that she is going to water down plans to tax non doms more, apparently all on the basis that no money would be raised. Forgive me, I know I’m just a former welder, perhaps I lack the nous for this, but when you tax something, you raise taxes. That is money, usually used to offset government spending, but it is still money, so in what sense will taxing these privileged, rich enough to afford to take out non dom status to avoid tax, which is the only reason to do it, not going to raise taxes?
Does the FT explain? Not really. So do I smell a rat? Yeah, a big fat tax haven based hedge fund shaped one.
Apparently Reeves had hoped to raise £1bn from changes to taxation in regards to non doms, but now the official line, is that it will be watered down if the numbers don’t add up. Add up to what? It’ll be a positive figure, there will be money raised, so how can this not be? Explain please.
A faceless anonymous government official apparently told the FT that they will be pragmatic and not ideological about this, which really does start to sound shifty now doesn’t it? And all after of course a big fat donation from a hedge fund based in a tax haven you can’t help but think has this influenced Rachel Reeves decision to back off taxing the rich more, despite that being what Keir Starmer promised to do, the change he pledged to the country that isn’t being delivered?
Non Doms will leave the country wails the Financial Times. Is this why the numbers don’t add up? People who avoid their taxes leaving? Well bye then! Someone else will fill the void if they go, hopefully they will pay their taxes, why should we miss people who don’t pay their fair share? Expect Reeves to ditch this, accusations that Quadrature paid for this move will follow of that I’m sure.
The third policy I’m not sure anyone else has picked up on but it is Keir Starmer’s AI Intelligence development and his plans for a £10bn AI project apparently based in Northumberland according to the Guardian.
This one is all about foreign investment, the £10bn is coming from outside interests, the Guardian misses the point, fixates on one of the several hoped for backers of this project, the Stephen Schwartzman backed Blackstone, a private equity group. Schwartzman having been a Trump backer is what the Guardian fixates on, as if that isn’t bad enough. Where Blackstone is definitely onboard though, having apparently committed £110m at this point to Starmer’s project, other potential investors include Carlyle Group, another private equity firm, Global Infrastructure Partners and banks Macquarie, JP Morgan, Citigroup and Bank of America.
I’ll be looking at Carlyle Group, JP Morgan and Citigroup most closely because just like Blackstone, financial interests to all of these are held by Quadrature Capital, according to investment research platform Fintel.io.
Schwartzman also happens to be a massive Zionist like Starmer too, having announced $7m in aid to Israel immediately after the night of October 7th via his Blackstone company.
Labour has taken a huge amount of money from a tax haven based hedge fund. It is not getting investigated adequately, and if you compare investments to fingers in pies, Quadrature have more than 1600. These 3 items identified thusfar as suspicious still doesn’t feel like £4m worth of favours to me, so how much more have we got to scrutinise and is it going to be a case of, everything a Starmer led Labour declares it’s doing, has to be compared to where they’ve had donations from, because if so, we might just have the most bought and paid for government, most corrupt government as that would be, that we’ve ever seen.
Meanwhile as cuts to ordinary working class people are still being touted, the Treasury has had enough good news to fill that £22bn financial black hole it claims to have. Except austerity is still going to happen. Why is that? Check out this video recommendation here as your suggested next watch to find out more and I’ll hopefully catch you on the next vid. Cheers folks.
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