Stiglitz, Piketty to help Labour shape anti-austerity policies

Opposition Labour Party said on Sunday it had set up an advisory committee including Nobel Prize-winning U.S. economist Joseph Stiglitz and Frenchman Thomas Piketty to help develop its anti-austerity policies. The committee will meet quarterly under Labour's finance spokesman, John McDonnell, a hard-left ally of the party's new leader, Jeremy Corbyn. McDonnell has advocated renationalising Britain's rail system, curbing the power of the country's six big energy suppliers and stripping responsibi