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Business leaders sign letter backing Conservatives

More than 100 business leaders have declared their support for the Conservatives, warning a "change of course" after the general election would "put the recovery at risk".

Senior executives from leading British companies - including five who have previously backed Labour - signed an open letter praising the Conservative's economic policies.

Labour dismissed the letter as "nothing new".

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Balls: No intention of reducing tax rate threshold

Ed Balls clarified his stance on the issue of lowering the 40p tax rate today by stating he had "no intention of reducing the threshold."

The Shadow Chancellor's comments came following criticism by the Tories over his comments on ITV News West Country last night, in which he 'refused' to rule out lowering the tax rate threshold.

Watch Balls' full comment here:

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