Chuka Umunna will not run to be Labour leader. Photo: Getty
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Chuka Umunna withdraws from the Labour leadership contest

One of the favourites to succeed Ed Miliband retracts his leadership bid.

Chuka Umunna, one of the favourites to succeed Ed Miliband, has withdrawn from the Labour leadership race.

He announced his intention to run for the post just four days ago.

Here's his statement:

Shortly before the election campaign, I made the decision, in the event that Labour was defeated and a new Leader was to be elected, to stand for the leadership of the party if there was a desire in the party for me to do so. 

I dearly hoped Labour would win the election and it was a decision I would not have to implement.

I also thought I understood the scrutiny and attention a leadership contest would bring.

As a member of the Shadow Cabinet, I am used to a level of attention which is part and parcel of the job. I witnessed the 2010 leadership election process close up and thought I would be comfortable with what it involved.

However since the night of our defeat last week I have been subject to the added level of pressure that comes with being a leadership candidate.

I have not found it to be a comfortable experience. 

One can imagine what running for leader can be like, understand its demands and the attention but nothing compares to actually doing it and the impact on the rest of one's life. 

Consequently after further reflection I am withdrawing my candidacy. 

I apologise to all those who have kindly supported and encouraged me to do this and for disappointing them. I know this will come as I surprise to many but I had always wondered whether it was all too soon for me to launch this leadership bid - I fear it was. 

Most importantly, I continued to have very real concerns and worry about this bid's impact on those close to me.

I intend to carry on playing my full role as a proud member of our Shadow Cabinet taking on the Tories. I also hope to play a leading role in Labour’s campaign to keep the UK in the EU during the forthcoming referendum which is absolutely crucial. Most importantly, I will as ever continue to serve the area I know and love - the Streatham parliamentary constituency.

Anoosh Chakelian is senior writer at the New Statesman.

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Donald Trump's healthcare failure could be to his advantage

The appearance of weakness is less electorally damaging than actually removing healthcare from millions of people.

Good morning. Is it all over for Donald Trump? His approval ratings have cratered to below 40%. Now his attempt to dismantle Barack Obama's healthcare reforms have hit serious resistance from within the Republican Party, adding to the failures and retreats of his early days in office.

The problem for the GOP is that their opposition to Obamacare had more to do with the word "Obama" than the word "care". The previous President opted for a right-wing solution to the problem of the uninsured in a doomed attempt to secure bipartisan support for his healthcare reform. The politician with the biggest impact on the structures of the Affordable Care Act is Mitt Romney.

But now that the Republicans control all three branches of government they are left in a situation where they have no alternative to Obamacare that wouldn't either a) shred conservative orthodoxies on healthcare or b) create numerous and angry losers in their constituencies. The difficulties for Trump's proposal is that it does a bit of both.

Now the man who ran on his ability to cut a deal has been forced to make a take it or leave plea to Republicans in the House of Representatives: vote for this plan or say goodbye to any chance of repealing Obamacare.

But that's probably good news for Trump. The appearance of weakness and failure is less electorally damaging than actually succeeding in removing healthcare from millions of people, including people who voted for Trump.

Trump won his first term because his own negatives as a candidate weren't quite enough to drag him down on a night when he underperformed Republican candidates across the country. The historical trends all make it hard for a first-term incumbent to lose. So far, Trump's administration is largely being frustrated by the Republican establishment though he is succeeding in leveraging the Presidency for the benefit of his business empire.

But it may be that in the failure to get anything done he succeeds in once again riding Republican coattails to victory in 2020.

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