I’m not plotting to ditch Corbyn, insists McDonnell

JOHN McDonnell has denied that he is plotting to oust Jeremy Corbyn as Labour leader.

The Shadow Chancellor rejected claims that he has been sounding out key figures in the party about launching a coup.

Mr McDonnell has been a close ally of Mr Corbyn for decades on the Left of the party, but has apparently been unimpressed with his handling of the anti-Semitism row.

Yesterday, Mr McDonnell insisted they had ‘been as one’ for the past 40 years ‘and always will be’. He tweeted: ‘Every year

media run the same laughable story of a McDonnell coup against Jeremy. One year they said I was plotting coup and at same time holding Jeremy hostage forcing him not to resign.

‘Jeremy and I for 40 years have been as one and always will be. Get used to solidarity in action.’

On Saturday, the tenth anniversary of the collapse of investment bank Lehman Brothers, Mr McDonnell warned: ‘The key lesson is this: never let the finance sector become the masters of the economy when they should be the servants of the economy.’