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26 Sep 2017

McDonnell preparing for run on pound if Labour elected

Political Editor

It’s one way of preparing for government. Shadow Chancellor John McDonnell has said that he is making plans in case there is a run on the pound if Labour wins the next election. Mr McDonnell told a fringe meeting at Labour’s conference in Brighton that his team is war-gaming and “scenario planning” for the challenges that could confront a “radical” Labour administration