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Labour's economic policy under Jeremy Corbyn and shadow chancellor John McDonnell is undergoing a re-write from its principles in the Ed Miliband era.

Liam Byrne, who was Chief Secretary to the Treasury under Gordon Brown, has been speaking about 'entrepreneurial socialism', why for the party's Clause IV needs to changed, and why both he and Mr Corbyn were at home in the same party.

He also told Jo Coburn on the Daily Politics that he was not worried about a deselection challenge under boundary changes.