Labour will not borrow more for 'day-to-day spending'

Pressed on how he would pay for new policies, Ed Miliband said Labour would not borrow more "for day-to-day spending" in 2015-16.

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Miliband quiet on borrowing

Ed Miliband has refused to be drawn on how his party would pay for measures to alleviate what he calls the "cost of living crisis". Labour has announced policies to force large firms to train more British apprentices and pay the minimum wage.