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Labour won't make cuts pledge

Ed Miliband has promised to be "ruthless" about pursuing Labour's public spending priorities despite accepting the need for further cuts beyond the 2015 general election.

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Economic commitments made by Miliband and Balls

Ed Miliband and shadow chancellor Ed Balls have made a series of announcements in recent weeks aiming to show Labour's credibility on getting the nation's finances under control.

  • Mr Balls has said the party would stick to the coalition's 2015/16 departmental budgets if it wins the next general election.
  • He also announced that wealthier pensioners would be stripped of winter fuel payments.
  • Mr Miliband has effectively ruled out reversing the coalition's child benefit cuts for high earners, saying other priorities would come first.
  • He also promised a cap on welfare spending.
  • The Labour leader will use his speech in Birmingham to again attack the Government's decision to cut the top rate of income tax.
  • Mr Miliband will also warn profit-seeking developers that they could be stripped of land if they fail to build homes on it.

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