The unlikely rise of Corbynmania

Few across the political spectrum would have foreseen the rise of Jeremy Corbyn as a serious contender to lead the Labour party. Piper Terrett reports.

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The Tories can't afford to be gleeful over Jeremy Corbyn

As the battle for the Labour leadership intensifies, left-wing candidate Jeremy Corbyn has emerged as a "serious contender", writes The Times. "Only against a backdrop of stupefying blandness" could this have happened. Only five years ago, the MP for Islington North, like George Galloway, presented a show on Press TV, Iran's English-language propaganda station. Corbyn also wants the Bank of England to print money to pay for infrastructure and believes Britain "has not learnt its lessons from Karl Marx".

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Piper Terrett is a financial journalist and author. Piper graduated from Newnham College, Cambridge, in 1997 and worked for Germaine Greer and for Adam Faith’s Money Channel before embarking on a career in business journalism. 

She has worked for most top financial titles, including Investors Chronicle, Shares magazine, Yahoo! Finance and MSN Money. She lectures part-time at London Metropolitan University and is the author of four books.