"The Intruders" hand bottle of Bollinger to Barclays for "innovation in interest rate manipulation" (Video)

The group gatecrashed Investment Banking Awards in Mayfair to present the fake prize.

The Intruders, the group of tax justice campaigners who gave an "award" to HMRC boss Dave Hartnett for "services to corporate tax avoidance", have released a video of their latest stunt. Gatecrashing the Investment Banking Awards, members of the group handed Barclays a bottle of Bollinger champagne for "innovation in interest rate manipulation".

The award, a reference to the promise from a Barclays trader of a bottle of Bollinger in exchange for LIBOR manipulation, went uncollected. The group got a better reception than they did first time round, when they were told "you will depart immediately before we set the dogs on you," and called "Trespassing scum" by Robert Venables QC.

Watch a video of the whole event here:

The Intruders mission statement hints that they plan to be in it for the long haul:

Behind the closed doors of Mayfair hotels and Oxford colleges, the wealthy elite that caused the economic crisis celebrate their continued success over champagne and cosy dinner parties. Meanwhile, the rest of us face falling living standards, a bleak job market and decimating cuts to public services.

The wealthy elite believe they are unaccountable, that they are free from the consequences of the crisis they caused. They are wrong. The Intruders are here to crash the party and expose the excess and hubris of the people that got us into this mess.

Two members of the group onstage at the Investment Banking Awards. Photograph: Getty Images

Alex Hern is a technology reporter for the Guardian. He was formerly staff writer at the New Statesman. You should follow Alex on Twitter.

Photo: Getty
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Who will win in Manchester Gorton?

Will Labour lose in Manchester Gorton?

The death of Gerald Kaufman will trigger a by-election in his Manchester Gorton seat, which has been Labour-held since 1935.

Coming so soon after the disappointing results in Copeland – where the seat was lost to the Tories – and Stoke – where the party lost vote share – some overly excitable commentators are talking up the possibility of an upset in the Manchester seat.

But Gorton is very different to Stoke-on-Trent and to Copeland. The Labour lead is 56 points, compared to 16.5 points in Stoke-on-Trent and 6.5 points in Copeland. (As I’ve written before and will doubtless write again, it’s much more instructive to talk about vote share rather than vote numbers in British elections. Most of the country tends to vote in the same way even if they vote at different volumes.)

That 47 per cent of the seat's residents come from a non-white background and that the Labour party holds every council seat in the constituency only adds to the party's strong position here. 

But that doesn’t mean that there is no interest to be had in the contest at all. That the seat voted heavily to remain in the European Union – around 65 per cent according to Chris Hanretty’s estimates – will provide a glimmer of hope to the Liberal Democrats that they can finish a strong second, as they did consistently from 1992 to 2010, before slumping to fifth in 2015.

How they do in second place will inform how jittery Labour MPs with smaller majorities and a history of Liberal Democrat activity are about Labour’s embrace of Brexit.

They also have a narrow chance of becoming competitive should Labour’s selection turn acrimonious. The seat has been in special measures since 2004, which means the selection will be run by the party’s national executive committee, though several local candidates are tipped to run, with Afzal Khan,  a local MEP, and Julie Reid, a local councillor, both expected to run for the vacant seats.

It’s highly unlikely but if the selection occurs in a way that irritates the local party or provokes serious local in-fighting, you can just about see how the Liberal Democrats give everyone a surprise. But it’s about as likely as the United States men landing on Mars any time soon – plausible, but far-fetched. 

Stephen Bush is special correspondent at the New Statesman. His daily briefing, Morning Call, provides a quick and essential guide to British politics.