John McDonnell: I'm in Davos to tell the elite they are held in contempt
by Larry Elliott from on (#3EB2E)
UK shadow chancellor to tell business leaders at WEF of 'avalanche of discontent'
The UK shadow chancellor, John McDonnell, has used his debut appearance at the World Economic Forum to warn leaders of global businesses that they are held in contempt by ordinary voters who have struggled through a decade of austerity.
Interviewed by the Guardian in Davos, McDonnell said he found the euphoria in Davos about the modest pick-up in world growth shocking, adding that those running big corporations were guilty of complacency.
Related: Davos 2018: Donald Trump to give speech at World Economic Forum - live updates
Continue reading...