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Cameron and Balls go head to head on economy

Two leading figures in the Labour and Conservative parties will make major speeches on the economy later today.

David Cameron will unveil a £100 million boost to the Coalition's flagship Start Up Loan policy, after it awarded its 20000th loan to a buddy entrepreneur.

Meanwhile, Labour's Ed Balls will hit out at the real-terms drop in wages, which the shadow chancellor says have seen the biggest drop of any parliament since 1874-1880.

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Enterprise means 'prosperity and economic security'

More business and enterprise means "prosperity and economic security for us all", according to David Cameron

In a major speech on the economy to be given alter today, the PM is expected to say:

As part of our long-term economic plan we are backing business and ensuring our budding entrepreneurs get the finance and support they need to kick-start and grow their businesses.

Business and enterprise mean more jobs for hard working people; more opportunities for people to break out on their own and be their own boss; and more prosperity and economic security for us all.

– David Cameron

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