McDonnell doing a speech.
"It won't just be a few fat cats who suffer," if Brexit decimates finance sector, McDonnell says. Passporting is vital, a red line.
Interesting, so even the left of the Labour Party supporting the 'elite' in the forms of the banks (Thank Fuck!)
After the UK leaves the EU “free movement of labour and people will come to an end.”
Anti-immigration feeling stemmed from austerity and economic uncertainty, he says, which Labour also needs to confront.
The party’s red lines are free trade in single market and that no EU nationals in UK now will have rights affected in future.
There is no appetite from McDonnell to contest the next election on a platform of staying in the EU, the shadow chancellor inferred in his speech today.
Many, many things to ponder in that one. The implications for the next election are interesting.