Cancel Greek debt, Jeremy Corbyn urges PM

Party leadership contender among 19 Labour MPs to write to David Cameron asking him to show banks 'we won't keep bailing them out for reckless lending'

The Labour leadership contender Jeremy Corbyn is among 19 Labour MPs who have called on David Cameron to take steps with other European leaders to cancel Greece's debt as a "signal to the banks and financiers that we won't keep bailing them out for reckless lending".

A letter, published in the Guardian, was also signed by the Trades Union Congress and Unite general secretaries and MPs including Diane Abbott, who is standing for the party's nomination to be London mayor, Michael Meacher and John McDonnell.

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