Labour economic advisers meet for the first time

Shadow chancellor John McDonnell has chaired the first meeting of Labour's new panel of economic advisers.

It included former Bank of England monetary policy committee member Danny Blanchflower, who Skyped into the discussion from the United States.

Nobel prize winner Joseph Stiglitz and Capital in the 21st Century author Thomas Piketty are also on the panel.

But they were not present at what an aide described as today's "preliminary meeting".

Mr Stiglitz and Mr Piketty will give presentations at future meetings, he added.

Other panel members include Mariana Mazzucato from the University of Sussex, City University professor Anastasia Nesvetailova and Ann Pettifor of Policy Research in Macroeconomics.