Shadow Chancellor Ed Balls has attacked George Osborne for focussing on cuts instead of infrastructure projects that he claims would help the economic recovery.
Writing in the Evening Standard, Mr Balls argues that the government should take advantage of "record low" interest rates and bring forward investment in homes and transport:
If Osborne acted now to boost the economy and so bring in more tax revenues, the scale of cuts could be reduced. That is why Ed Miliband and I have urged the Chancellor to heed the warnings of the IMF, which last month called on the Government to bring forward £10 billion of infrastructure investment right now.
Getting construction workers back to work repairing Britain’s broken roads, improving transport links and building the affordable homes we need will create jobs now, make our economy stronger and give us a long-term return.
More top news
Mostly dry overnight in the east, strong winds and showery rain affecting Scotland & Northern Ireland
A couple have got married for the second time after the bride forgot their first big day following a car crash.
Sir Bruce Forsyth, Sir Cliff Richard and the Prime Minister have been among those paying tribute to Cilla Black following news of her death.