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First the shadow chancellor John McDonnell said the Labour Party would vote in favour of chancellor George Osborne’s so-called fiscal charter (the charter would legally prevent governments from spending more than they bring in in tax revenue when the economy is growing). And then, yesterday, McDonnell appeared to do a complete U-turn. Labour will now oppose Osborne’s charter.
And so our question to you is: should this have been Labour’s position all along? Is Labour right to oppose the chancellor’s fiscal charter?
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