Chuka Umunna

Politician

Chuka Umunna was born in London on October 17th, 1978 and is the Politician. At the age of 45, Chuka Umunna biography, profession, age, height, weight, eye color, hair color, build, measurements, education, career, dating/affair, family, news updates, and networth are available.

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Date of Birth
October 17, 1978
Nationality
United Kingdom
Place of Birth
London
Age
45 years old
Zodiac Sign
Libra
Profession
Lawyer, Politician, Writer
Social Media
Chuka Umunna Height, Weight, Eye Color and Hair Color

At 45 years old, Chuka Umunna physical status not available right now. We will update Chuka Umunna's height, weight, eye color, hair color, build, and measurements.

Height
Not Available
Weight
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Hair Color
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Eye Color
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Build
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Measurements
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Chuka Umunna Religion, Education, and Hobbies
Religion
Not Available
Hobbies
Not Available
Education
University of Manchester, Nottingham Trent University
Chuka Umunna Spouse(s), Children, Affair, Parents, and Family
Spouse(s)
Alice Sullivan ​(m. 2016)​
Children
2
Dating / Affair
Not Available
Parents
Not Available
Chuka Umunna Career

In March 2008, Umunna was adopted as the Labour Party's prospective parliamentary candidate for Streatham. At the 2010 general election, he was elected Member of Parliament (MP) for Streatham with a 3,259 majority; he gave his maiden speech on 2 June 2010. He took a particular interest in economic policy and reform of the City.

Umunna described himself as being "One Nation Labour" and has written articles promoting the "Blue Labour" trend. He argued the Conservative-led coalition government should revise its programme of fiscal consolidation, take a tougher stance with the British banking industry and take action to transform the credit ratings agency market.

Umunna was one of 63 Labour MPs to nominate Ed Miliband in the 2010 Labour leadership election to succeed Gordon Brown as party leader.

In June 2010, Umunna was elected as a member of the Treasury Select Committee. In January 2011, he questioned the chief executive of Barclays, Bob Diamond, in relation to alleged tax avoidance activities by the bank during which he disclosed that the bank used over 300 subsidiary companies in offshore jurisdictions. In response to his question, Diamond stated in February 2011 that Barclays had paid £113m in UK corporation tax in 2009, despite making £11.6bn in profit. Umunna held this position on the Select Committee until his appointment as Shadow Minister for Small Business and Enterprise.

In October 2010, following Miliband's election as party leader, Umunna was appointed to serve as his Parliamentary Private Secretary and, in May 2011, he was appointed to the position of Shadow Minister for Small Business and Enterprise until his promotion to the Shadow Cabinet.

Umunna was promoted as Shadow Business Secretary on 7 October 2011, replacing John Denham, who announced his retirement from front-bench politics. Following his appointment, Umunna re-affirmed Labour's commitment to introducing a graduate tax in place of university tuition fees. In January 2012, Umunna joined Ed Miliband and Shadow Chief Secretary to the Treasury Rachel Reeves in calling on PM David Cameron to block a £1.6m bonus for Stephen Hester, the chief executive officer of the publicly owned Royal Bank of Scotland Group. During 2013, Umunna led claims that the Government's valuation of the Royal Mail during its privatisation had effectively "shortchanged" the taxpayer, a view supported by the significant rise in the share price following the sale and the subsequent summoning of bankers to a parliamentary investigation.

A member of the Labour Friends of Israel, he and Liam Byrne made an official visit to Israel in October 2012 as part of the LFI's UK-Israel Economic Dialogue group. Whilst a member of LFI, he condemned Israel's military courts for their treatment of Palestinian children accused of combat offences in December 2013.

In April 2013, Umunna's law firm was linked to favourable updates made on his Wikipedia page in 2007, which included a reference to him being tipped as the "British Barack Obama". In the same month, Umunna was criticised for comments he had made in his mid 20s on the exclusive social network ASmallWorld about the West End of London. Conservative MP Chris Heaton-Harris said the 2006 comments, describing people visiting nightclubs in the West End as "trash" and "c-list wannabes", showed a "lack of respect for the public"; Umunna stated that the comments were meant to have been "light-hearted in tone and context" but appreciated that "the choice of words used were not appropriate" and apologised for any offence.

Umunna was accused of hypocrisy for accepting a £20,000 gift from a gambling executive despite campaigning against the spread of betting shops in his constituency and promising new powers to limit them.

In early May 2014, Umunna raised concerns in Parliament and public over the proposed takeover of AstraZeneca, by the American pharmaceutical giant Pfizer, on the grounds of ensuring British jobs and interests. Despite assurances from Pfizer, Umunna went on to publicly denounce the proposed takeover proclaiming that Pfizer's assurances were "not worth the paper they were written on". The takeover bid eventually fell through in late May 2014 after the AstraZeneca board rejected Pfizer's final offer.

In May 2014, Umunna criticised fellow Shadow Health Secretary Andy Burnham's report into possible methods of restricting the sale and advertising of alcohol, unhealthy foods, and tobacco. He was quoted as having said that such courses of action as outlined in the report would be seen to be "anti-business and interventionist".

Umunna has argued for a British federal state on multiple occasions, and has said that progressives should not dismiss George Osborne's notion of a "Northern Powerhouse", arguing that greater devolution, federalisation of the UK Labour Party into individual Labour Parties representing each component nation of the UK, greater political autonomy for England in particular, more regional powers and "wholescale federalisation" are necessary to advance the Labour Party.

Umunna increased his majority to 13,934 at the 2015 general election, with 53% of the vote in his constituency. Following Labour's defeat in the election and resignation of Ed Miliband as leader, Umunna was identified as one of the potential candidates to take over as leader of the party. He called for Labour to target Conservatives and "aspirational, middle-class voters", saying that the party needs to be "on the side of those who are doing well." On 12 May, he announced his candidature for the Labour Party leadership election. Three days later, he withdrew from the contest, stating that he had been "uncomfortable" with "the added level of scrutiny that came with being a leadership candidate". On 26 May, he announced his endorsement of Liz Kendall, who was unsuccessful in her bid for the Labour leadership.

In September 2015, following the election of Jeremy Corbyn as the Leader of the Labour Party, Umunna announced his resignation from the Shadow Cabinet and returned to the backbenches, citing differences over the Brexit referendum and issues of collective ministerial responsibility.

Umunna supported "Remain" in the Brexit referendum. His constituency voted with the highest proportion of votes to remain, with 79.5%. Following the victory for the Leave campaign, Umunna proposed an amendment to the bill to trigger Article 50 calling upon the government to investigate spending £350 million a week on the NHS, which was defeated by the government. He subsequently voted for the unmodified bill to leave the EU, writing with Wes Streeting that "as democrats we must abide by the national result". In the 2017 general election campaign Umunna opposed a second referendum on Brexit.

Following his re-election in the 2017 general election, Umunna proposed a rebel amendment to the Queen's Speech calling upon the government to "rule out withdrawal from the EU without a deal" and "set out proposals to remain within the Customs Union and Single Market". Three Labour frontbenchers were sacked for supporting the defeated amendment, which the Labour leadership argued conflicted with their manifesto commitment to end freedom of movement.

On 15 April 2018, Umunna attended the launch event of the People's Vote, a campaign group calling for a public vote on the final Brexit deal between the UK and the European Union. Umunna favours a second referendum on Brexit. Umunna wrote that the campaign to leave the EU lied during the campaign and also broke the law spending more money than was allowed. Umunna has stated that the British people now know the truth and should have a second say over whether the UK leaves the European Union. In July 2018, Umunna wrote, "If the proposals which the PM is pursuing feel unacceptable to the majority of the electorate, that says something. People voted to leave and to remain for very different reasons, but it's nonsense to say that every single person who voted for Brexit in the EU referendum did so because they unanimously agreed on leaving the single market and the customs union, putting the Good Friday Agreement at risk, garnering no extra money for the NHS (contrary to what they were told) and potentially continuing years of austerity."

In August 2018, The Guardian reported that "Umunna and fellow Labour MP Chris Leslie are widely believed to be laying the groundwork for the creation of a new [political] party although both have denied this." In October 2018, it was announced that Umunna would serve as the chairman of a new centrist think tank called Progressive Centre UK. It was revealed that he would be earning £65,000 a year for his work on the advisory board.

On 18 February 2019, Umunna and six other MPs (Luciana Berger, Chris Leslie, Angela Smith, Mike Gapes, Gavin Shuker, and Ann Coffey) quit Labour in protest at Jeremy Corbyn's leadership to form The Independent Group (later Change UK). The Independent Group named Umunna as its Spokesman on 28 February 2019.

On 24 May 2019, Umunna wrote in the i newspaper that Change UK would be open to a pro-EU pact with the Liberal Democrats in order to unite the Remain vote. On 4 June, after Change UK's poor results in the EU election, Umunna left the party with five of its other MPs who did not wish for Change UK to stand candidates at future elections. Subsequently, Change UK's new leader, Anna Soubry, said that Umunna had made a "serious mistake" in leaving the party.

On 13 June 2019, Umunna announced to The Times he would be joining the Liberal Democrats. He told the BBC he had been "wrong" to think "millions of politically homeless people wanted a new party", while referring to moving from Change UK. He also said he "massively underestimated just how difficult it is to set up a fully fledged new party without an existing infrastructure", after Change UK received a mere 3.4% of the vote in the EU elections, far behind the Liberal Democrats' 20%. He added, under Britain's voting system, there would not be "room for more than one centre ground" party in a general election.

Though Umunna had previously been publicly critical of the Liberal Democrats for "enabling Tory austerity" during the 2010 to 2015 coalition government, he told the BBC that "things have changed." He also speculated that "a good handful" of other MPs may defect to the Liberal Democrats.

In September 2019, in his first major speech to the Liberal Democrat Federal Conference, Umunna argued Britain was unable to exert its moral authority against authoritarian leaders in the world at a time when Prime Minister Boris Johnson was threatening to break the law over Brexit.

At the 2019 United Kingdom general election, Umunna stood in Cities of London and Westminster, and lost to the Conservative Party candidate, Nickie Aiken. Helen Thompson replaced him as the Lib Dem candidate in Streatham, and also lost.

Business career

Since April 2020, Umunna has been a non-executive director of Advanced and an adviser to Digital Identity Net UK.

In July 2020 Umunna was appointed executive director and head of the Environmental, Social, Governance (ESG) consultancy within the specialist capital markets and financial services team at public relations and marketing consultancy firm Edelman UK. Umunna said about the appointment "If we're to fundamentally change the model of capitalism we've got to ensure that the overwhelming majority of businesses are integrating ESG factors into corporate decision making like never before."

On 12 April 2021 he joined the investment bank JPMorgan Chase to oversee its ESG advisory efforts in Europe, the Middle East and Africa.

Source

Who will get a piece of the £146million fees bonanza as part of the massive £3.6bn Royal Mail takeover by Czech billionaire Daniel Kretinsky

www.dailymail.co.uk, June 27, 2024
The controversial £3.6billion deal, agreed with billionaire Daniel Kretinsky, would see the postal service fall into foreign ownership for the first time since it was established by King Henry VIII in 1516. Mr Kretinsky will pay more than £89million to advisers if his bid to buy Royal Mail owners International Distribution Services group receives regulatory approval. And IDS will fork out around £57million to consultants after the board, led by chairman Keith Williams, last month backed the takeover offer. IDS chief executive Martin Seidenberg will rake in up to £5.6million from the sale of his stake and share awards if the move goes through.

Royal Mail £3.6bn takeover will trigger fees bonanza for bankers and advisors - including ex-Labour bigwig Chuka Umunna - as concerns mount over the sale of the British institution

www.dailymail.co.uk, June 17, 2024
Royal Mail's owner International Distribution Services (IDS) is being bought by Daniel Kretinsky, known as the Czech Sphinx, for £3.6billion. The deal will see the 500-year-old postal service fall into foreign ownership for the first time. Concerns over the takeover are mounting with unions, politicians and businesses calling for cast-iron guarantees that the service will be protected. And it is thought that fees for bankers, lawyers and other advisers could reach £30million. Among those set to cash in will be Mr Umunna, a former Labour MP for Streatham and his party's business spokesman. Mr Umunna joined US investment bank JP Morgan after leaving politics and is part of the team hired by billionaire Mr Kretinsky to advise on the takeover.

RUTH SUNDERLAND: Stop cynical Royal Mail bid

www.dailymail.co.uk, May 19, 2024
It's easy to see what might be in it for Czech Sphinx Daniel Kretinsky, but less so for the rest of us. It's a shame the Royal Mail board rolled over and recommended the bid. Past experience tells us that when chairmen and CEOs choose to kick back against a bidder, they can win. Even if a defence fails, putting up a good fight can make a difference. The watershed case was in 2010 at chocolate maker Cadbury, where chairman Sir Roger Carr eventually had to succumb to a Kraft takeover. But it was a gallant defeat.
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