Sir Keir Starmer has called for a recall of parliament to discuss the financial market turmoil following Friday’s mini-budget.
Speaking to reporters, the Labour leader said the move by the Bank of England to launch a temporary bond-buying programme to prevent “material risk” to UK financial stability was “very serious”
He said: “The government has clearly lost control of the economy.
“What the government needs to do now is recall parliament and abandon this budget before any more damage is done.”
Parliament is in recess because of the Labour and Tory party conferences happening this week.
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