Corbyn: Yes, We Are A Threat To The Financial Sector

Corbyn published a video on social media on Thursday evening following the note calling the financial sector "speculators and gamblers who crashed our economy", reported the Financial Times.

In particular, he criticised Morgan Stanley chief executive James Gorman for awarding himself a multi-million pound salary as the average British worker is "finding it harder to get by".

There have been increasing fears that Corbyn will come into power if another snap General Election is called on the back of weakening support for current Prime Minister Theresa May and the Conservative party.

The Morgan Stanley note predicted snap elections next year but warned Britons returning to the polls was "much more scary from an equity perspective than Brexit".

Corbyn has increasingly used anti-capitalist rhetoric in the past and a ‘Robin Hood' tax on the City, imposed on financial transactions was part of his manifesto.

Labour pledges 'Robin Hood' tax on City

In the online video he argued "bankers like Morgan Stanley should not run our country, but they think they do".

Corbyn responded in his video: "So when they say we are a threat, they are right. We are a threat to a damaging and failed system that is rigged for the few."

 "Their greed plunged the world into crisis and we are still paying the price, because the Tories used the aftermath of the financial crisis to push through unnecessary and deeply damaging austerity," he said.