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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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'Labour refuse to admit they borrowed too much'

The Conservative Party Chairman Grant Shapps has criticised Ed Miliband for 'forgetting' the economic problems they created in government.

The Labour Leader has set out his vision for economic policy in the party at a major speech.

Ed Miliband's refusal to admit that Labour spent and borrowed too much in government, and his call for more spending and borrowing now, shows that he's too weak to stick to his promise not to spend and borrow more.

Ed Miliband only offers more spending, more borrowing and more debt - the same old Labour approach that got us into this mess in the first place. Hard working people would pay the price with higher interest rates and higher bills

– Grant Shapps, Conservative Party Chairman

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