Labour: Totally Bonkers.

Labour MP says UK can borrow money from the EU despite Brexit in 'CAR CRASH interview'

LABOUR MP and Shadow Minister for Foreign Affairs gave a "car crash interview" to the BBC when asked to discuss John McDonnell’s economic statement at the Labour conference.

By JOE BARNES

Despite not actually being part of Mr McDonnell’s economic team, Catherine West answered questions about the Shadow Chancellor’s speech.

The Shadow Chancellor repeated his intention to roll out a £250billion investment programme to support British industry and create a “manufacturing renaissance” following Britain’s withdrawal from the EU.

During the interview, Ms West claimed the Labour Party plans to borrow part of that money from the “investment bank arrangements in the European Union”.

Speaking on the BBC’s Daily Politics, she said: “That money will be partly through the investment bank arrangements in the European Union - which of course we didn’t want to leave the European Union for this very reason, so those facilities are available to us. Express.