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Ed Miliband today insisted that Labour would not be able to reverse all of the coalition's spending cuts.
Speaking at the East Manchester Academy, he said:
Ed Miliband pledged today to deliver a brighter future for young people as he kicked off Labour's conference.
Lambasting the coalition Government for having "something against" the next generation, Mr Miliband said they were suffering high unemployment, huge housing costs, and tuition fee hikes.
He hinted that his party could go further than its existing commitment to cut the maximum annual university fee from £9,000 to £6,000.
He also called for more focus on vocational training, and reiterated his desire to see the voting age brought down to 16.
The comments came in a question-and-answer session at the East Manchester Academy before the official opening of Labour's conference..
Ed Miliband has said that his party would not be able to avoid all cuts if it came to power.
Speaking at the East Manchester Academy , Mr Miliband insisted he would not make any promises he could not keep, and said the party would not be able to avoid all cuts if it came to power.
"I'm not going to wave a magic wand," he said. "But I do believe we could make a difference."
He said the coalition was currently borrowing money to "keep people idle", rather than investing in generating economic growth.
Len McCluskey, general secretary of Unite, will tell Labour's annual conference in Manchester that Vince Cable's plan for a business bank is "disappointingly" modest and will call on the party to bring RBS and Lloyds into public ownership to create a national investment bank.
McCluskey, who will address the conference on Monday, will say that the UK is suffering without a national investment bank and will call on Labour to reject the Government's business bank as a "cautious model".
Otto Thoresen, the Director General of the Association of British Insurers, has criticised Ed Miliband's "scaremongering" comments on pension charges.
Thoresen responded to Mr Miliband's pledge of an "all-out attack" on "rip-off" pension charges by saying that most workers with pensions already pay less than 1% charges, and those paying more have usually chosen a more expensive fund that aims to deliver higher returns.
Thoreson claimed that Milband was being "anti-consumer" by denying people the choice of a more expensive specialist fund, adding that pension charges have fallen over the last decade to an average charge of 0.77% - well below the 1% cap Labour propose.
Labour could offer a referendum on Britain’s European Union membership at the next election, its policy director Jon Cruddas told The Daily Telegraph.
The opposition party would consider “in depth” whether to hand the vote to the public as it drafts its next manifesto, according to Cruddas, who is chairing Labour’s policy review.
The paper claimed that Cruddas' comments would pile pressure on the Prime Minister, who is already facing calls from his party to give the public the EU vote.
Women over the age of 50 are hit hardest by the Government's economic policies, according to research carried out by the Labour Party, the Guardian has reported.
Office for National Statistics figures shows unemployment among women aged 50 to 64 has risen by almost a third since the coalition came to power, compared with the overall increase of 4.2% for all people over 16.
Shadow home secretary Yvette Cooper told the paper: "A toxic combination of sexism and ageism is causing problems for this generation."
The Labour Party is to announce a social care information service as part of the launch of a special older woman's commission to tackle the problem.
A beefed-up energy regulator is the headline pledge among a list of consumer-friendly policies that will be unveiled at the Labour conference. Here is a list of key announcements:
- Ed Miliband will pledge to replace Ofgem with an energy regulator that has tougher powers to ensure prices are fair.
- He will also propose capping pension fund management fees, amid complaints that people saving for their retirement are being ripped off.
- Shadow energy secretary Caroline Flint is also due to formally launch Labour plans to organise mass bargaining for energy bills, dubbed the SwitchTogether scheme.
- Shadow Work and Pensions Secretary Liam Byrne will announce a Youth Employment Taskforce, a network aimed to help more youngsters find work and test coalition policies.
- The party is also creating a "policy hub" to widen involvement, allowing the public to post responses to party policy documents.
Latest ITV News reports
Two goals from the Shadow Chancellor and one from the Shadow Health Secretary were enough to see off a toothless Press Lobby XI.
Ed Miliband said Labour would reverse the coalition's cut in the top rate of tax from 50p to 45p "if there was an election tomorrow".