Ed Miliband: We are facing a living standards crisis

Labour leader Ed Miliband has been criticised for being unable to explain how his party would pay for its new policies - like cutting VAT.

It comes as all the parties step up their campaign before Thursday's local election.

Watch: Clegg: Conservatives can't be relied upon on their own

Speaking to Daybreak he said: "The thing is about me is that I haven't just said everything the last Labour Government did was right because I think that's a recipe for staying in opposition and not winning back people's trust."

He added, "we have a living standards crisis in this country and we've got to tackle it."

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