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Economist Pettifor backs bid to ween Labour off austerity
Left MPs fighting for Labour to abandon cuts plans won an influential ally yesterday as top economist Ann Pettifor backed their alternative to austerity.
The Policy Research in Macroeconomics think tank chief warned last month that Labour was walking into a trap by aping Chancellor George Osborne’s deficit reduction rhetoric.
Now she has thrown her weight behind 15 MPs who united on Monday to urge shadow chancellor Ed Balls to defy Tory plans for “prolonged austerity.”
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