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John McDonnell's conference speech will "wipe the smirk off George Osborne's face" says Seema Malhotra.

The shadow chief secretary to the Treasury told Andrew Neil that the nation's books could be balanced in a different way.

She spoke about tackling tax avoidance and reforming HMRC, but when asked how much the party could raise through this, the MP told the presenter: "You're missing the point."