Ed Miliband said British politicians had failed to recognise "the most important economic idea of the 21st century" - that wealth does not always trickle down "from a few at the top".
Ed Miliband has warned that the Tory "long-term economic plan" is working for a "handful" of people at the top, while his rival vision would champion the needs of working families.
The Labour leader said:
Nothing more symbolises the current Government's failing plan than seeing the tax gap - between what should be paid and the revenue received - widening, while the number of apprenticeships available for young people is falling.
He said just one in 10 employers in England offers an apprenticeship and there are "six times fewer high quality apprenticeships than in Germany".
It is time to match the aspirations of our young people with the high quality apprenticeships they deserve. So today I can announce: under the next Labour government, if you get the grades at 18, you will be guaranteed an apprenticeship.
Labour would guarantee apprenticeships to every school leaver in the UK by 2020, providing they get the required grades, Ed Miliband said as he laid out his plans for the economy today.
In an exclusive interview, the man who saved Jaguar Land Rover - the Indian billionaire Ratan Tata, has described a secret meeting in an airport hotel to secure the deal.
He said how he wasn't allowed to set foot in any of the factories while the negotiations were taking place and how Jaguar Land Rover will be staying and expanding in the Midlands.
Despite pumping £5billion into the business he says he's done very little to help the company - he just stood back and supported the workforce in doing what they do best.
He's been in the Midlands to open an engineering college and he spoke to Mark Gough.
Damaged cars including Land Rovers have been driven off the stricken carrier Hoegh Osaka in Southampton.
The 51,000-tonne ship has a cargo for 1,400 cars and 105 pieces of construction equipment worth a total of £60 million.
Of the 1,400 cars onboard, 1,200 were made by Coventry-based Jaguar Land Rover.
ITV News Meridian has filmed a number of damaged vehicles being removed today.
Jaguar Land Rover will create 1,300 jobs in Solihull after revealing its newest model will be made in Britain.Read the full story ›
Jaguar Land Rover has been fined £40,000 for safety breaches after an employee suffered life-threatening crush injuries.Read the full story ›
Jaguar has unveiled their latest model at a glitzy ceremony in London tonight.
The new XE will be built at Land Rover's plant in Solihull. It is expected to arrive in showrooms sometime next year with prices starting from £27,000.
Jaguar Land Rover has announced that its new Vehicle Operations Technical Centre will be located in Ryton near Coventry.
The centre will create high-end bespoke and extreme performance vehicles.
Operations are due to begin towards the end of the year.
The centre will create 100 new jobs.
We are excited by the capability and potential that this new facility will give us. We will be creating truly iconic vehicles that reinforce the global reputation of both Jaguar and Land Rover brands as we expand our product portfolio and fulfil our ambitious plans.
Birmingham-based Jaguar Land Rover says it is developing cutting-edge technology to make an "intelligent self-learning vehicle" of the future.
They say it will mean less distractions to the driver and a reduction in accidents. Computer software learns the driving style and preferences of the driver, and takes into account other factors such as time of day, traffic conditions and weather.
It uses that to predict driver behaviour and take away some of the driving 'chores', such as selecting air conditioning temperature and making a regular phone call.