Posts Tagged ‘Paul Myners’

Private Eye on the Connections between the Independent Group, Progress Centre and New Labour

March 6, 2019

This fortnight’s Private Eye for 8th -21st March 2019 has an article on the connections between Chuka Umunna’s Independent Group, the Blairite think tank Progress Centre and Gordon Brown and Peter Mandelson. It suggests that Paul Myners, who sits on the think tank’s advisory board, could be funding it. The article on page 7 runs

MYNERS STRIKE

AS WELL as launching “The Independent Group” (TIG) of MPs, Chuka Umunna also chairs a think-tank called Progressive Centre UK. Last August this “next generation ideas lab” gave him a £65,000-a-year (for 12 hours a month) chairing its advisory board.

As TIG launched, the Progressive Centre paid for polling that “shows real appetite for new party” – which was handy for TIG, as its PR people admitted it did not yet have the cash to fund its own polling. The Progressive Centre also published work by academic Steven Fielding arguing that “despite what many believe, the future of the Independent Group might be very bright indeed”.

The most heavyweight member of the Progressive Centre’s advisory board is Lord (Paul) Myners, Gordon Brown’s City minister from 2008 to 2010, and deeply involved in the bank bailouts during the financial crisis. Indeed, the Commons treasury committee criticised Myners over his “City background and naivety” for allowing the disgraced Fred Goodwin to escape from the bailed-out RBS with an £8m pension top-up.

Myners, who also chairs PR firm Edelman and is vice-chair of Peter Mandelson’s lobbying firm Global Counsel, gave Umunna £9,000 for office costs in 2016-17. This was when Umunna was believed to be raising funds for a leadership bid, which was called off when Jeremy Corbyn failed to crash adn burn in the 2017 election.

Could Myers be funding the Progressive Centre itself? The think-tank doesn’t say who funds it – but if he is backing it, it could at least get his name right. On its “People” page its website lists him as “Peter Myners”.

The Progress Centre sounds like a standard Blairite political faction. Myners is a banker and the head of a PR firm, and New Labour was notorious for its insistence on a light regulatory touch for the financial sector, as well as its connections to industry and banking. It was also notorious for PR and spin, instead of real policies. And like the Blairite faction in the Labour party, it’s trying to sound progressive and forward-thinking while in fact it’s just more of the same, shop-worn Thatcherism.

And the Progress Centre and the Independent Group also have another feature in common: they’re heading their financial backers.

As for the Independent Group’s prospects for the future, I think Fielding and his pollsters are being wildly optimistic. The mood of the public is moving left. Labour’s policies are massively popular with the public, unlike those of the Tories and Blairites, who aren’t offering anything except more privatisation and austerity.

As they are now, both the Progress Centre and the Independent Group are also a positive threat to democracy. They won’t reveal who their backers are, but following standard Blairite practice, it’s more than likely that they represent those backers’ interests, rather than that of the British public. They represent more Blairite and Conservative corporatism. And as six out of the eight Labour founders were members of Labour Friends of Israel, including Joan Ryan and her connections with Masot and the Israeli embassy, it’s likely that they’re also receiving money from them. And so they’ll also represent Israeli interests, rather than those of the constituents, who elected them.

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