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The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. In her first major interview since launching her leadership bid, Ms Cooper insisted that overall spending levels were supported by all the political parties at the timeFinancial adviser Adrian Gill told him: 'How can you stand there and say you didn't overspend?
Ms Cooper, a 46-year-old mother of three who is married to the former shadow chancellor Ed Balls, has strong support among MPs but will face accusations that she is too close to Labour's failed old guardMs Cooper's decision to stand for the leadership comes a week after Labour's crushing defeat at the General Election where her husband, Ed Balls, lost his seat.She told The Daily Mirror that Labour lost the election because it failed to convince voters it 'had the answers to match up with their ambitions'. Ms Cooper's comments are in sharp contrast with fellow leadership contender Liz Kendall (pictured) who has said spending was too high in the run-up to the crashA Ms Cooper went on: 'The fracturing of politics reflects the fracturing of our country and our communities.



Yvette Cooper allegedly boasted to classmates at school that she would become Prime MinisterIt wasn't supposed to be this way. Chuka Umunna became the second MP to join the race to succeed Ed Miliband as Labour Party leaderSmooth and urbane, Chuka Umunna is the articulate politician who hopes to make the Labour Party electable again after the humiliations suffered under Gordon Brown and Ed Miliband.But many party workers worry that this 36-year-old, 6ft-tall, well-dressed former lawyer may be just a little too smooth. And they wonder whether he will be able to connect with ordinary people.The grandson of a British prosecutor at the Nuremberg war trials, Chuka was educated at a private boys' school, and was a chorister at Southwark Cathedral. I do listen to some Eminem, I listen to Dr Dre a€“ my favourite a€“ and loads of Jay-Z, but from the good old days of The Black Album.'I listen to a bit of Public Enemy. She is thinking about it a€“ I would say she is more likely than not.'We need a woman who is credible, who brings the experience and is not just old ideas with a shiny face.


All the political parties at the time were all supporting the spending plans and that was all due to come down,' she told BBC Radio 4's The World At One.'There has been a focus on that as if that was the economic issue.
We need a Labour Party that moves beyond the old labels of left and right, and focuses four-square on the future.
The real economic issue of the time was that we had banks who were involved in huge private lending, that nobody had spotted the scale of private sector debt that had been growing up that was unsecured, the links between the financial sector all over the world, particularly into the housing market crisis in America.'Should the Labour government have done much more to deal with that?A Yes, absolutely.



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