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Jeremy Corbyn, the Labour leader, told the party conference that Labour was ‘on the threshold of power’. The party had been ‘war-game-type scenario-planning’ for things like ‘a run on the pound’, John McDonnell, the shadow chancellor, said at a fringe meeting. Mr McDonnell had delighted conference-goers by denouncing Private Finance Initiatives: ‘We will bring existing PFI contracts back in-house.
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