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Labour pledges jobs guarantee 'throughout next Parliament'

Labour's flagship jobs guarantee would be in place throughout the next Parliament, paid for by a bankers' bonus tax and a squeeze on high-earners' pension pots, the party said.

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Govt: Labour has 'no economic plan'

Labour have "no economic plan" and would put the economy at risk with their jobs guarantee, a treasury minister has said.

Financial Secretary to the Treasury Sajid Javid explained:

Labour's sums don't add up. They are proposing yet more unfunded spending, meaning more borrowing and more taxes to pay for it.

And Labour's bank tax is a short-term political gimmick that they want to spend ten times over.

It's the same old Labour. Ed Miliband has no economic plan. Labour would put the recovery at risk, put jobs at risk and hardworking people would pay the price with a less secure future.

– Treasury minister Sajid Javid

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