Media playback is unsupported on your device

MP fears Labour 'financial meltdown' over union links

9 September 2013 Last updated at 11:54 BST

Labour's new relations with the unions was a political gamble that was more than a "Clause 4 moment" for the party, and could lead to "financial meltdown", said the chairman of Trade Union Group of Labour MPs.

Ian Lavery told David Thompson that union money to support Labour was the "cleanest money in politics".

Fellow Labour MP Alan Johnson said it was a "new type of politics after the expenses scandal", and Ed Miliband understood the need for a new settlement with unions.

The Labour leader addresses the TUC conference in Bournemouth on Tuesday, apparently determined to reform the link with the unions.

More from the Daily Politics: Watch full programmes from the last seven days via BBC iPlayer; 'like' us on Facebook page or 'follow' us on Twitter

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.