LABOUR leadership candidates Liz Kendall and Yvette Cooper see themselves as the voices of modern Britain, so they hark back to the Victorian era for their economic model.

Kendall accuses Jeremy Corbyn, who says that Labour “shouldn’t shy away from public participation, public investment in industry and public control of the railways,” of backing “a throwback to the past.”

Cooper sniffs that Labour doesn’t need to “return to the days of British Leyland,” which was created by Harold Wilson’s Labour government because the private owners of its constituent companies had made a pig’s ear of running them.