“He will get back a meaningful part of his life”

Business quote of the day.

“He will get back a meaningful part of his life”
The lawyer of Jeffrey Skilling, the former chief executive of Enron, on the possibility Skilling could be released from prison nearly a decade earlier than expected.
Skilling’s 24-year sentence could come down to 14 years, because he has agreed not to appeal against his conviction.
His lawyer Daniel Petrocelli said in a statement that a reduced sentence would give the former CEO "at least the chance to get back a meaningful part of his life.”

Photograph: Getty Images
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Tony Blair won't endorse the Labour leader - Jeremy Corbyn's fans are celebrating

The thrice-elected Prime Minister is no fan of the new Labour leader. 

Labour heavyweights usually support each other - at least in public. But the former Prime Minister Tony Blair couldn't bring himself to do so when asked on Sky News.

He dodged the question of whether the current Labour leader was the best person to lead the country, instead urging voters not to give Theresa May a "blank cheque". 

If this seems shocking, it's worth remembering that Corbyn refused to say whether he would pick "Trotskyism or Blairism" during the Labour leadership campaign. Corbyn was after all behind the Stop the War Coalition, which opposed Blair's decision to join the invasion of Iraq. 

For some Corbyn supporters, it seems that there couldn't be a greater boon than the thrice-elected PM witholding his endorsement in a critical general election. 

Julia Rampen is the digital news editor of the New Statesman (previously editor of The Staggers, The New Statesman's online rolling politics blog). She has also been deputy editor at Mirror Money Online and has worked as a financial journalist for several trade magazines. 

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