Chuka Umunna: Christine Lagarde 'is no Oracle'

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Chuka Umunna said IMF boss Christine Lagarde was not likely to make critical comments about the UK government as Chancellor George Osborne "sponsored her for this job."

The shadow business secretary said she was "not necessarily an oracle" and was "not the only person who matters" on economic issues.

Andrew Neil pressed him on why shadow chancellor Ed Balls claimed she was supporting Labour policy on a fiscal stimulus for the UK economy.

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