Sir Keir Starmer has been left red-faced after one of his own frontbenchers made an embarrassing gaffe during his speech at the Labour Party conference on Monday.
During a speech to the party, Labour MP Peter Kyle pinned the blame on Labour for squandering the UK’s potential since 2010.
The Shadow Secretary of State for Science, Innovation and Technology said: “Our potential has been squandered by 13 years of Labour Government.”
The blunder is likely to have caused embarrassment for the party’s leader, who is expected to address members later today.
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KEY EVENTS
Bank of England’s ex-chief criticised for gushing over Reeves’s ‘fairytale’ economic plans
A former Bank of England chief accused of being responsible for the “splurge” that fuelled inflation has given a ringing endorsement of Labour’s Shadow Chancellor.
Mark Carney praised “serious economist” Rachel Reeves in a video address ahead of her speech at the party’s conference yesterday. Chancellor Jeremy Hunt accused her of “fairytale” economics while Tory MPs attacked Mr Carney for interfering in British politics.
Critics claimed Mr Carney’s use of quantitative easing – effectively printing money – was partly responsible for the economic problems the country is facing.
Sir Jacob Rees-Mogg said: “Carney’s monetary policy led to high inflation and he ran the Bank of England as a fashionable Islington soiree with his deeply political interventions in the EU debate and greenery. He has never really hidden his political predilections.”
Former Bank Of England Chief Mark Carney Backs Labour
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