Who will Labour's 2016 London mayoral candidate be?

David Lammy, Sadiq Khan, Diane Abbott and the other runners and riders.

Labour declared today that Boris Johnson's "2020 Vision" was "the beginning of his long goodbye" to London (the Mayor again confirmed that he won't be running for a third term) but who is the party likely to put forward for City Hall in 2016? Here's who's currently in the running.  

David Lammy

After choosing not to stand in 2012 (he wrote that he "thought hard about whether to enter the contest"), the Tottenham MP has quickly established himself as one of the frontrunners for the Labour nomination, recently publishing a lengthy critique of Boris's record. As Ken's campaign chair in 2012 he can count on the support of many of the former mayor's supporters and his well-received book on the riots Out of the Ashes further enhanced his reputation. 

Diane Abbott

Asked last month by Mumsnet whether she would consider standing, the Hackney North MP mischievously replied: "I am not ruling it in or out smile" Since becoming shadow public health minister she has shed her maverick image and is increasingly rated in Labour circles. 

Sadiq Khan

The shadow justice secretary has long been rumoured to be considering a bid and was recently appointed shadow minister for London, putting him in a strong position to win the nomination. As MP for Tooting since 2005 and a Wandsworth councillor for 12 years (1994-2006) he has long-standing links with the capital.

Stella Creasy

Since her election in 2010, the Walthamstow MP has impressed many in the party with her campaigns on knife crime and payday loan companies. Likely to be promoted to the shadow cabinet in the forthcoming reshuffle, she is a good outside bet for the nomination. 

Oona King

Despite her defeat at the hands of Ken in the 2010 selection contest, King has refused to rule out another bid, tweeting after Livingstone's defeat: "My husband asked me for first time: are you going to run in 2016? Too early to say, I said, and went back to the washing up... #londonmayor". More recently, she told the Guardian: "If a week is a long time in politics, come on, 2016 is too far away, and the genuine thing is it depends on my kids. I still think the London mayor is the best job in the world, but that's a different question to whether I try to run for it again".

Jon Cruddas

The Dagenham MP, currently leading Labour's policy review, was urged by many Labour supporters to stand for the nomination in 2010 but eventually lent his support to Ken. Having previously commented that he's "not interested in Westminster, or parliament really", a bid for City Hall may appeal once the review concludes. 

Andrew Adonis

The Labour peer and former transport secretary, who is currently advising the party on industrial policy, declared in 2011 that he "would love to be Mayor". His passion for infrastructure and grands projets makes him a strong candidate to oversee the completion of Crossrail. In a piece for today's Evening Standard, he condemns Boris's failure to build a Thames crossing, writing that "what’s needed is action not waffle". 

Alan Johnson

Westminster's favourite former New Labour minister revealed last year that he considered running for the post and said of a 2016 bid, "I would not rule it out". More recently, however, he said he would be "too old" (Johnson will be 65 in 2016) and that he wanted to commit to serving another full term as MP for Hull West. But given his ever-improving reputation could he be persuaded to reconsider? 

And one who won't be ...

Eddie Izzard

The long-standing Labour supporter has openly declared his interest in the post but recently told the Sun that he intends to remain in comedy for six more years, putting him out of contention for the 2016 nomination. Given his penchant for attaching himself to doomed causes (the euro, the Alternative Vote) that may be just as well. 

Tottenham MP David Lammy, who "thought hard" about standing in 2010, is likely to bid for the Labour nomination this time round. Photograph: Getty Images.

George Eaton is political editor of the New Statesman.

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Theresa May gambles that the EU will blink first

In her Brexit speech, the Prime Minister raised the stakes by declaring that "no deal for Britain is better than a bad deal for Britain". 

It was at Lancaster House in 1988 that Margaret Thatcher delivered a speech heralding British membership of the single market. Twenty eight years later, at the same venue, Theresa May confirmed the UK’s retreat.

As had been clear ever since her Brexit speech in October, May recognises that her primary objective of controlling immigration is incompatible with continued membership. Inside the single market, she noted, the UK would still have to accept free movement and the rulings of the European Court of Justice (ECJ). “It would to all intents and purposes mean not leaving the EU at all,” May surmised.

The Prime Minister also confirmed, as anticipated, that the UK would no longer remain a full member of the Customs Union. “We want to get out into the wider world, to trade and do business all around the globe,” May declared.

But she also recognises that a substantial proportion of this will continue to be with Europe (the destination for half of current UK exports). Her ambition, she declared, was “a new, comprehensive, bold and ambitious Free Trade Agreement”. May added that she wanted either “a completely new customs agreement” or associate membership of the Customs Union.

Though the Prime Minister has long ruled out free movement and the acceptance of ECJ jurisdiction, she has not pledged to end budget contributions. But in her speech she diminished this potential concession, warning that the days when the UK provided “vast” amounts were over.

Having signalled what she wanted to take from the EU, what did May have to give? She struck a notably more conciliatory tone, emphasising that it was “overwhelmingly and compellingly in Britain’s national interest that the EU should succeed”. The day after Donald Trump gleefully predicted the institution’s demise, her words were in marked contrast to those of the president-elect.

In an age of Isis and Russian revanchism, May also emphasised the UK’s “unique intelligence capabilities” which would help to keep “people in Europe safe from terrorism”. She added: “At a time when there is growing concern about European security, Britain’s servicemen and women, based in European countries including Estonia, Poland and Romania, will continue to do their duty. We are leaving the European Union, but we are not leaving Europe.”

The EU’s defining political objective is to ensure that others do not follow the UK out of the club. The rise of nationalists such as Marine Le Pen, Alternative für Deutschland and the Dutch Partij voor de Vrijheid (Party for Freedom) has made Europe less, rather than more, amenable to British demands. In this hazardous climate, the UK cannot be seen to enjoy a cost-free Brexit.

May’s wager is that the price will not be excessive. She warned that a “punitive deal that punishes Britain” would be “an act of calamitous self-harm”. But as Greece can testify, economic self-interest does not always trump politics.

Unlike David Cameron, however, who merely stated that he “ruled nothing out” during his EU renegotiation, May signalled that she was prepared to walk away. “No deal for Britain is better than a bad deal for Britain,” she declared. Such an outcome would prove economically calamitous for the UK, forcing it to accept punitively high tariffs. But in this face-off, May’s gamble is that Brussels will blink first.

George Eaton is political editor of the New Statesman.