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    The Labour party is now like a FTSE 100 company which regrets floating on the stock exchange. The Chairman, Corbyn, enjoys the support of the shareholders - aka three quid brigade, but not the Board of Directors - aka the shadow Cabinet. Today, the CEO aka Tom Watson, will deliver his go now verdict to Corbyn - who will simply stand again and the same champagne socialists will re-elect him.

    Listening to the guy from Momentum yesterday, I was struck by how genuinely correct they believe their stance to be, yet how utterly naive he was to high politics. And from a union perspective, I will never understand how they can be happy with manufacturing it that their guy has now been in post for 6 years, yet Labour has crashed to a point of irrelevance over that period. Surely better to get elected as a party first and then fight from within?!

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