Blair's back for Labour

Former prime minister Tony Blair has been given his first formal role in the British Labour Party since retiring from front-line politics five years ago, serving as an adviser to party leader Ed Miliband's policy review.

Mr Blair will give specific advice on the Olympic legacy, in particular how to "maximise both its economic and its sporting legacies," according to Ed Miliband.

The appointment reflects Blair's role in the successful 2005 bid to host the Games and his sporting foundation, which is one of his key charitable causes in retirement.

The move was announced at a fund‑raising event where Ed Miliband and Tony Blair shared a platform and made speeches.

Yes. The article describes the appointment as highly controversial, perhaps especially within the Labour Party.

No. The article states that Blair will advise on maximising the Olympics' economic and sporting legacies but does not provide specific policy measures or definitions of what that would involve.

Yes. According to the article, this is his first formal role in the Labour Party since retiring from front‑line politics five years earlier.

No. The article reports Blair's appointment and its focus on the Olympic legacy but does not provide investment advice or specific economic policy proposals for investors.