PUBLISHED: 11:19, Thu, Sep 12, 2019 | UPDATED: 11:25, Thu, Sep 12, 2019
The Shadow Chancellor sparred with Adam Boulton who asked Mr McDonnell to name investors who support Mr Corbyn becoming Prime Minister after suggesting they would prefer him to be in power. Mr McDonnell’s comments come as the opposition party has rejected Prime Minister Boris Johnson’s invite to a snap general election twice noting they want to have a no deal Brexit blocked first. But the Conservative leader suggested it is because Labour don’t believe they can defeat him in a general election.
Mr Boulton asked for the Labour heavyweight's thoughts on the Conservative accusations that Mr Corbyn in power would be worse than a no deal Brexit.
Speaking to Sky News, Mr McDonnell said: “It’s interesting, you will have seen the press reports last that actually in the city of London, investors have warmed to a Jeremy Corbyn Government and actually many of them prefer that to happen because of the insecurity that they have from a no deal threat.”
Mr Boulton said: “Can you name anyone who said that?"
Mr McDonnell responded: “It was in the reports last week in business news. Go have your a look for yourself.”
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Mr McDonnell said nvestors are warming to a Jeremy Corbyn-led government (Image: SKY)
Mr Boulton added: “The FT interviewed you last week and ended up putting it on their front page that you’re going to make a massive grab damaging the value of the stock market."
Mr McDonnell fired back: “Read that again! What it said it that it’s