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
In the run-up to the Rio Olympic Games, ITV News speaks to four Olympic hopefuls in Team GB. Today we profile boxer Antony Fowler.
The man's identity card was alleged to have been found at the home of the other assailant, Adel Kermiche, who was named on Tuesday.
The Labour leadership candidate was accused of misogyny for calling on Labour to 'smash' the prime minister 'back on her heels'