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Enterprise means 'prosperity and economic security'

More business and enterprise means "prosperity and economic security for us all", according to David Cameron

In a major speech on the economy to be given alter today, the PM is expected to say:

As part of our long-term economic plan we are backing business and ensuring our budding entrepreneurs get the finance and support they need to kick-start and grow their businesses.

Business and enterprise mean more jobs for hard working people; more opportunities for people to break out on their own and be their own boss; and more prosperity and economic security for us all.

– David Cameron

Balls accuses Conservatives of cutting taxes for the rich

Ed Balls will criticise the Conservatives for cutting taxes "at the top" and doing nothing to help those on low incomes increase their wealth.

In a speech given in Bedford, Mr Balls will say:

We know the Tories' real economic plan - it's to cut taxes at the top and hope that wealth will just trickle down.

Having already cut taxes for millionaires in this Parliament, they're champing at the bit to do it again if they win the election - cutting the top rate of tax for people earning over £150,000 again from 45p to 40p. Another tax cut worth £3 billion for the richest 1% of our country.

– Ed Balls

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Cameron and Balls set out visions on economy

David Cameron and Ed Balls will both set out what they want to see from the economy in separate speeches later today.

Read: Osborne hails 'milestone' as GDP hits pre-2008 levels

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The IMF has raised its forecast for the economy twice in 2014. Credit: PA

The Prime Minister will announce a £100 million cash injection into the "Business Bank", where the Government provides loans to entrepreneurs looking to start their own business.

The Conservative party leader will also claim the Government has reached a significant milestone by awarding the 20,00th loan to an entrepreneur.

However, Labour's Ed Balls will hit out at the drop in real-terms wages and criticise the Government for failing to act.

The Shadow Chancellor is expected to say average earnings having fallen by £1,600 in real terms since 2010, the current parliament will be the first since the 1920s when real earnings will be lower at the end than they were at the beginning.

Read: Ed Balls pledges to keep low corporation tax rate

'At least 43 dead' in Israeli attacks on Gaza this morning

Israeli tank shells and air strikes on houses and a school in Jebaliya in northern Gaza killed at least 43 people and wounded many others, including 20 in a UN school, health ministry spokesman Ashraf Al-Qidra said.

Among the dead were a medic and an infant.

An Israeli army spokeswoman told Reuters she was checking for details.

Over one third 'think EHIC provides free medical care'

Some 39% of British holidaymakers think their EHIC will provide free medical treatment in any European country for any health condition.

According to Bupa:

  • Some 27% assume the EHIC allows British holidaymakers to pay the same price for medical treatment as the locals in a European country.
  • A further 11% admitted to not always taking out travel insurance when travelling abroad as they find it is too expensive.
  • Almost one in 10 (8%) feel it is not worthwhile or assume it would not pay out if they needed it.
  • Another 7% admitted to having to seek medical treatment that they were not insured for when on holiday abroad.
  • The average cost incurred by those surveyed for medical treatment abroad was £259,698.
  • Amongst Brits most popular holiday destination choices, it was found that the USA, Thailand and Canada were the most expensive countries in which to get sick or injured.

Hamas leader vows to keep fighting Israeli 'aggression'

Over 1000 Palestinians, mostly civilians, have been killed in recent Israeli raids on Gaza.
Over 1000 Palestinians, mostly civilians, have been killed in recent Israeli raids on Gaza. Credit: Reuters

Mohammed Deif, the chief commander of the Hamas armed wing Izz el-Deen Al-Qassam Brigades, has said there will be no ceasefire with Israel until the blockade on Gaza is lifted, according to Hamas television station al Aqsa TV.

"The occupying entity will not enjoy security unless our people live in freedom and dignity," Deif said in an Arabic audio recording.

"There will be no ceasefire before the [Israeli] aggression is stopped and the blockade is lifted.

"We will not accept interim solutions which are not benefiting our people."

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Blur didn't finish new album 'because it was too hot'

Damon Albarn says Blur may never finish an album they started in 2013 because it was "too hot" where they were recording.

Damon Albarn, second left, pictured with Blur in 2012.
Damon Albarn, second left, pictured with Blur in 2012. Credit: Empics

"There are about 15 songs we recorded in Hong Kong," the singer, 46, told told NME. "The annoying thing is, if I'd been able to write the lyrics there and then about being there, we'd have finished the record.

"There was too much commuting between where we were staying and where we were recording and it was a bit too hot. "I think that's why we didn't get it finished."

Millions risk health 'by travelling without insurance'

Millions of Brits are risking their health and finances by travelling without insurance, a major healthcare provider has found.

Read: Brit 'mother and girl' injured in Tenerife hotel explosion

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An EHIC card only covers holidaymakers until the scheduled end of their trip. Credit: PA

Bupa warned the 8.5 millions who holiday without proper cover that they could face hospital bills of tens of thousands of pounds if they fall ill abroad.

The health insurer found one quarter of Brits thought their European Health Insurance Card (EHIC) would provide them with enough cover if they ended up in hospital while on holiday.

Another 44% of holidaymakers thought their EHIC meant they were covered by the NHS when in Europe, when the card only entitles Brits to state healthcare at a reduced cost until the scheduled end of their trip.

Read: Brit's 'leg severed' by NY taxi

Many dead after stampede at Guinea beach concert

At least 24 people were killed in a "stampede" at a beach concert in Guinea's capital Conakry, news agency AFP reported.

Guinea's Presidency declared a week of mourning after what it described as a "tragic drama".

A statement from the presidency said the incident occurred at a beach in the Ratoma neighbourhood of the capital, Conakry.

It noted some deaths and injuries but did not give a death toll.

Justice minister: No 'unfettered right' to search deletion

Responding to the peers' report, justice minister Simon Hughes said:

The Government wants to protect privacy rights and freedom of speech while taking action to bolster economic growth.

Our greatest challenge is getting that balance right, and we welcome the support of the Lords for our position in negotiating new European data protection legislation.

I agree that it is neither accurate nor helpful to say that the recent judgment of the European Court of Justice has given a right to be forgotten. We need to be clear that the judgment does not give individuals an unfettered right to have their personal data deleted from search engine results.

– Simon Hughes MP
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