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UK: Varoufakis and John McDonnell slam Osborne's austerity policies01:20

UK: Varoufakis and John McDonnell slam Osborne's austerity policies

United Kingdom, London
November 22, 2015 at 00:13 GMT +00:00 · Published

The former Finance Minister of Greece Yanis Varoufakis spoke at an anti-austerity event in Westminster Central Hall in London, Saturday, alongside Labour Shadow Chancellor John McDonnell, with both condemning Chancellor of the Exchequer George Osborne's economic policies.

Varoufakis said "Osborne's project of eliminating the plans of deficit means that the people of Britain will be condemned to go deeper and deeper into the red; this is the message we have to take out."

John McDonnell also criticised the Chancellor of Exchequer, stating "The media will portray George Osborne as the saviour of the country, someone with a 'long term', if I hear that expression again I'll throw up…, a long term economic plan and all the other slogans will come out." He added that for the first time in many years, the Labour leadership are "committed to an anti-austerity campaign."

The event was organised by the Trade Union Co-Ordinating Group and supported by the Peoples' Assembly.

UK: Varoufakis and John McDonnell slam Osborne's austerity policies01:20
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The former Finance Minister of Greece Yanis Varoufakis spoke at an anti-austerity event in Westminster Central Hall in London, Saturday, alongside Labour Shadow Chancellor John McDonnell, with both condemning Chancellor of the Exchequer George Osborne's economic policies.

Varoufakis said "Osborne's project of eliminating the plans of deficit means that the people of Britain will be condemned to go deeper and deeper into the red; this is the message we have to take out."

John McDonnell also criticised the Chancellor of Exchequer, stating "The media will portray George Osborne as the saviour of the country, someone with a 'long term', if I hear that expression again I'll throw up…, a long term economic plan and all the other slogans will come out." He added that for the first time in many years, the Labour leadership are "committed to an anti-austerity campaign."

The event was organised by the Trade Union Co-Ordinating Group and supported by the Peoples' Assembly.

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