The Labour party has reportedly turned down £30,000 worth of sponsorship from McDonald's and banned the fast food giant from running a stall at its party conference later this year.

The party's ruling national executive blocked the American chain's bid to offer food at the gathering in Liverpool in September, according to The Sun On Sunday.

Backbencher Wes Streeting told the newspaper: "I'm exasperated that we should throw away £30,000 worth of sponsorship like this. It smacks of a snobby attitude towards fast-food restaurants and people who work or eat at them."

Former minister Ian Austin tweeted: "Why has @UKLabour turned down £30k from McDonald's?

Labour MP for Dudley Ian Austin tweeted his disappointment at the decision. Credit: Twitter

A McDonald's spokesman reportedly said: "We are disappointed with the decision that has been taken."