Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Real Madrid commit to EuroLeague basketball amid NBA interest after €3bn proposal

      Business professionals in a meeting, discussing strategy with charts and laptops on a conference table in a modern office ...

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Real Madrid commit to EuroLeague basketball amid NBA interest after €3bn proposal

      Business professionals in a meeting, discussing strategy with charts and laptops on a conference table in a modern office ...

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Procter & Gamble axes relationship with Kremlin propaganda channel

      007 PG news article image featuring a business meeting with executives discussing strategy at a modern conference table

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Thursday 04 August 2016 9:59 am

John McDonnell has accused Owen Smith supporters of threatening to divide Labour as Jeremy Corbyn prepares to reveal 10 pledges to “rebuild” Britain

By: Mark Sands

Add as a preferred source on Google

Jeremy Corbyn's right hand man has accused supporters of Labour leadership challenger Owen Smith of threatening to split the party.

Shadow chancellor John McDonnell claimed that backers of Smith are warning the party will inevitably divide if Corbyn retains the party leadership.

Speaking on BBC radio earlier, McDonnell called on Smith to denounce a split.

“I just think this is a wrong tactic in a leadership election,” McDonnell told the Today programme.

“Effectively the message that’s coming across from some of Owen Smith’s friends is that you either vote for Owen Smith or we’ll split the party."

“That’s a threat and I don’t think that’s acceptable and I don’t think that’s what Owen wants either.”

Read More: Here's why a split means disaster for Labour

It comes after Smith told the Guardian that the party was “teetering on the edge of a precipice”.

“The party that has been here for 116 years as the greatest source of social and economic justice could be bust apart and disappear,” Smith said.

Smith has previously accused McDonnell of stating that Labour should divide “if that's what it takes”, a claim that has been backed by MPs including Smith's campaign chair Kate Green.

But today, McDonnell insisted: “I don't think I did say that, I don't recall that.”

He added: “It was in the context of basically a group of MPs, including Owen Smith, came in to tell Jeremy Corbyn to resign, and Jeremy said, 'No, I have a mandate from the members, I'm not going to let them down'.”

Read More: The mind-boggling numbers behind Labour's leadership election

The comments come ahead of a speech from Corbyn in Dagenham, in which the Labour leader will present 10 pledges to “rebuild and transform” Britain.

Speaking at the London East Business and Technical Park, Corbyn is expected to say that few Britons enjoy prosperity in the UK, and will promise a £500bn programme of investment.

He will also map out plans for a £250bn national investment bank, backed up by regional development banks.

"We will deliver the transport and communications infrastructure a modern economy needs, not just in those places where the economy already works but right across the whole country,” Corbyn will say.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Trending Articles

  • Who could be Andy Burnham’s Chancellor? 

  • As it happened: FTSE 100 finishes higher as US-Iran talks progress and Starmer resigns; Space X shares fall after bond sale

  • Coca-Cola brings in restructuring lineup over failed Costa sale

  • Starmer will resign, Trump says

  • FTSE 100 Live: Stocks slump after markets rocked by tech-sell off; US claims ‘good foundations’ of Iran deal

More from CityAM

  • Starmer resigns as Prime Minister

    Politics
    Business conference attendees networking at a corporate event with banners and presentation screens in the background
  • Burnham hints at payout for Waspi women claiming billions

    Politics
    Burnham smiling broadly at a community event, surrounded by enthusiastic supporters, conveying a sense of positivity and u...
  • Burnham rows back on £10bn Waspi women offer

    Politics
    Andy Burnham discusses support for Waspi women, addressing pension injustice in a public speech.
  • Jeremy Hunt: Pension triple lock is an ‘anchor drag’ on economic growth

    Politics
    Jeremy Hunt has promised to cut more taxes as “hard work is rewarded”.
  • Burnham must walk a tightrope on his ascent to Downing Street

    Politics
    Andy Burnham discussing new policy agenda at a press conference with backdrop of city skyline and audience in attendance.
  • Billionaire Labour backer John Caudwell: I was misled by ‘disastrous’ Starmer

    Politics
    John Caudwell in a formal setting, possibly during a business meeting or public speaking event, conveying professionalism.
  • Starmer: I would make Andy Burnham a Cabinet minister

    Politics
    Keir Starmer speaking at a podium during a press conference, expressing determination and leadership in political discourse
  • Starmer will resign, Trump says

    Politics
    Number 10 Downing Street entrance with iconic black door and brass letterbox, symbolizing UK Prime Ministers official resi...

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies