Liam Byrne has admitted to ITV News West Country that his note to his successor David Laws that said "I'm afraid there is no money" was "foolish":
Of course it was a very foolish thing to do.
I left something else at the Treasury, which was a Budget I'd drawn up with Alistair Darling that would have halved our deficit over four years.
That was a good plan, it was a plan that would have worked and I'm afraid it was a much better plan that we've ended up with now.
More top news
The Olympian was one of several sports stars who opened up to the prince during an event for his mental health charity Heads Together.
There will be sunny spells, with temperatures peaking at 23 Celsius (73F). However, Northern Ireland will experience frequent showers.
Scottish X-Men star Alan Cumming under fire for 'offensive' comments blaming Brexit vote on 'stupid English people'.