Kevin Spacey: ‘Humbled’ actor found not guilty of sexual offences against four men
Kevin Spacey said he is “humbled” after being found not guilty of committing sexual offences against four men in the UK between 2001 and 2013.
The 64-year-old double Oscar winner cried as he was cleared after a trial which started at the end of June, during which he was described as a “sexual bully” by the prosecution.
On his birthday, he nodded at jurors as they left court, crying and wiping his face with a tissue, before letting out a big sigh and thanking court staff.
Jury reaches verdict – follow live
In a short statement to the crowd of waiting media outside Southwark Crown Court, Spacey said: “I imagine that many of you can understand that there is a lot for me to process after what has just happened today.
“But I would like to say that I am enormously grateful to the jury for having taken the time to examine all of the evidence and all of the facts carefully before they reached their decision and I am humbled by the outcome today.
“I also want to thank the staff inside this courthouse, the security and all those who took care of us every single day, my legal team Evan and Lucy for being here every day and that’s all I have to say for the moment. Thank you very much.”
Giving evidence, Spacey fought back tears as he told how his world “exploded” when other allegations first emerged against him in the US in 2017.
“There was a rush to judgment and before the first question was asked or answered I lost my job, I lost my reputation, I lost everything in a matter of days,” he told jurors.
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Actor Kevin Spacey had denied all the charges against him
Spacey, who was artistic director at The Old Vic theatre in London between 2004 and 2015, was accused of drugging and performing a sex act on a former aspiring actor while he slept, and of several assaults on another man – a driver who claimed the actor grabbed his crotch so hard on one occasion that he “almost come off the road”.
Another man claimed the Hollywood actor subjected him to a “barrage” of “vile” sexual abuse before grabbing his crotch “like a cobra” at a West End event, while the fourth said the Hollywood star kissed his neck and told him to “be cool”, again before grabbing his crotch.
Spacey, best known for films including American Beauty and The Usual Suspects and for political drama series House Of Cards, vehemently denied all the allegations.
A jury cleared him of all the charges after deliberating for 12 hours and 26 minutes.
The judge, Mr Justice Wall, said jurors must have felt like they were in a “goldfish bowl” because of the level of interest in the case.
Denying the separate allegations by each of the men, Spacey told the court:
- He shared an “intimate” consensual moment with a former aspiring actor who claimed the star drugged him and performed a sex act on him while he was asleep in his flat;
- He had a “somewhat intimate” relationship with another complainant, but denied assaulting him in a “violent, aggressive, painful way” – and said it felt like he had been stabbed in the back when he learned of the claims;
- That allegations by a man he met in a West End theatre in the mid-2000s were “madness” and the incident described “never happened”;
- That he may have “made a pass” at another complainant but was “happy that he testified that the moment he told me he was not interested, I stopped”.
His defence team had labelled the prosecution’s case against him as “weak” – accusing some of the complainants of being after money.
The actor told the court he was a “flirt” and had been “open” about times he had been “promiscuous”, adding: “It doesn’t make me a bad person.”
He later told jurors he found it “harder to trust people because of who I was”, due to his fame and status.
The actor also said he felt under pressure to come out publicly as gay after allegations of sexual misconduct were first levelled at him.
After he was cleared, the Crown Prosecution Service said prosecutors “respect the decision of the court” as a crowd gathered outside.
US
Financial markets were always going to respond to Trump tariffs but they’re also battling with another problem
Stock markets around the world fell on Thursday after Donald Trump announced sweeping tariffs – with some economists now fearing a recession.
The US president announced tariffs for almost every country – including 10% rates on imports from the UK – on Wednesday evening, sending financial markets reeling.
While the UK’s FTSE 100 closed down 1.55% and the continent’s STOXX Europe 600 index was down 2.67% as of 5.30pm, it was American traders who were hit the most.
Trump tariffs latest: US stock markets tumble
All three of the US’s major markets opened to sharp losses on Thursday morning.
The S&P 500 is set for its worst day of trading since the COVID-19 pandemic. File pic: AP
By 8.30pm UK time (3.30pm EST), The Dow Jones Industrial Average was down 3.7%, the S&P 500 opened with a drop of 4.4%, and the Nasdaq composite was down 5.6%.
Compared to their values when Donald Trump was inaugurated, the three markets were down around 5.6%, 8.7% and 14.4%, respectively, according to LSEG.
Worst one-day losses since COVID
As Wall Street trading ended at 9pm in the UK, two indexes had suffered their worst one-day losses since the COVID-19 pandemic.
The S&P 500 fell 4.85%, the Nasdaq dropped 6%, and the Dow Jones fell 4%.
It marks Nasdaq’s biggest daily percentage drop since March 2020 at the start of COVID, and the largest drop for the Dow Jones since June 2020.
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The latest numbers on tariffs
‘Trust in President Trump’
White House press secretary Karoline Leavitt told CNN earlier in the day that Mr Trump was “doubling down on his proven economic formula from his first term”.
“To anyone on Wall Street this morning, I would say trust in President Trump,” she told the broadcaster, adding: “This is indeed a national emergency… and it’s about time we have a president who actually does something about it.”
Later, the US president told reporters as he left the White House that “I think it’s going very well,” adding: “The markets are going to boom, the stock is going to boom, the country is going to boom.”
He later said on Air Force One that the UK is “happy” with its tariff – the lowest possible levy of 10% – and added he would be open to negotiations if other countries “offer something phenomenal”.
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How is the world reacting to Trump’s tariffs?
Economist warns of ‘spiral of doom’
The turbulence in the markets from Mr Trump’s tariffs “just left everybody in shock”, Garrett Melson, portfolio strategist at Natixis Investment Managers Solutions in Boston, told Reuters.
He added that the economy could go into recession as a result, saying that “a lot of the pain, will probably most acutely be felt in the US and that certainly would weigh on broader global growth as well”.
Meanwhile, chief investment officer at St James’s Place Justin Onuekwusi said that international retaliation is likely, even as “it’s clear countries will think about how to retaliate in a politically astute way”.
He warned: “Significant retaliation could lead to a tariff ‘spiral of doom’ that could be the growth shock that drags us into recession.”
Read more:
Do Trump’s ‘Liberation Day’ tariff numbers add up?
Tariffs about something more than economics: power
It comes as the UK government published a long list of US products that could be subject to reciprocal tariffs – including golf clubs and golf balls.
Running to more than 400 pages, the list is part of a four-week-long consultation with British businesses and suggests whiskey, jeans, livestock, and chemical components.
Meanwhile, Prime Minister Sir Keir Starmer said on Thursday that the US president had launched a “new era” for global trade and that the UK will respond with “cool and calm heads”.
It also comes as Canadian Prime Minister Mark Carney announced a 25% tariff on all American-imported vehicles that are not compliant with the US-Mexico-Canada trade deal.
He added: “The 80-year period when the United States embraced the mantle of global economic leadership, when it forged alliances rooted in trust and mutual respect and championed the free and open exchange of goods and services, is over. This is a tragedy.”
Tanking stock markets, collapsing world orders, devastating trade wars; economists with their hair ablaze are scrambling to keep up.
But as we try to make sense of Donald Trumps’s tariff tsunami, economic theory only goes so far. In the end this surely is about something more primal.
Power.
Understanding that may be crucial to how the world responds.
Yes, economics helps explain the impact. The world’s economy has after all shifted on its axis, the way it’s been run for decades turned on its head.
Instead of driving world trade, America is creating a trade war. We will all feel the impact.
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PM will ‘fight’ for deal with US
Donald Trump says he is settling scores, righting wrongs. America has been raped, looted and pillaged by the world trading system.
But don’t be distracted by the hyperbole – and if you think this is about economics alone, you may be missing the point.
Above all, tariffs give Donald Trump power. They strike fear into allies and enemies, from governments to corporations.
This is a president who runs his presidency like a medieval emperor or mafia don.
It is one reason why since his election we have seen what one statesman called a conga line of sycophants make their way to the White House, from world leaders to titans of industry.
The conga line will grow longer as they now redouble their efforts hoping to special treatment from Trump’s tariffs. Sir Keir Starmer among them.
President Trump’s using similar tactics at home, deploying presidential power to extract concessions and deter dissent in corporate America, academia and the US media. Those who offer favours are spared punishment.
His critics say he seeks a form power for the executive or presidential branch of government that the founding fathers deliberately sought to prevent.
Whether or not that is true, the same playbook of divide and rule through intimidation can now be applied internationally. Thanks to tariffs
Each country will seek exceptions but on Trump’s terms. Those who retaliate may meet escalation.
This is the unforgiving calculus for governments including our own plotting their next moves.
The temptation will be to give Trump whatever he wants to spare their economies, but there is a jeopardy that compounds the longer this goes on.
Read more:
Do Trump’s numbers on tariffs really add up?
Trump hits island home only to penguins with 10% tariffs
Could America’s traditional allies turn to China? Pic: AP
Malcolm Turnbull, the former Australian prime minister who coined the conga line comparison, put it this way: “Pretty much all the international leaders I have seen that have sucked up to Trump have been run over. The reality is if you suck up to bullies, whether it’s global affairs or in the playground, you just get more bullying.”
Trading partners may be able to mitigate the impact of these tariffs through negotiation, but that may only encourage this unorthodox president to demand ever more?
Ultimately the world will need a more reliable superpower than that.
In the hands of such a president, America cannot be counted on.
When it comes to security, stability and prosperity, allies will need to fend for themselves.
And they will need new friends. If Washington can’t be relied on, Beijing beckons.
America First will, more and more, mean America on its own.
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