McDonnell: “You Don’t Need a Number” For Nationalisation Costs

Two gems from McDonnell on Marr this morning: he reckons when the government borrows to spend it is guaranteed a profit: “On those returns you will always get more than you pay out”. And he says the cost of Labour’s nationalisation programme is… nothing: “You don’t need a number because you swap shares for government bonds”. Not serious, and yet still McDonnell is closing the gap on Hammond on the economy…




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Quote of the Day

John McDonnell tells the Gallery/Lobby lunch what the priest told him to do…

‘He persuaded me to do this. He said you need to soften your image. So do Mumsnet and do this…. I’m trying to soften my image.’

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