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Miliband lays into Osborne’s ‘abject failure’ on economy
Taxpayers face shelling out for £116bn losses
Taxpayers are set to fork out £4,000 each after George Osborne’s “abject failure” to handle a cost-of-living crisis, Labour leader Ed Miliband will reveal today.
According to new independent House of Commons Library figures, Con-Dem bad management has led to revenue losses of £116.5 billion.
“For all the government’s boasts about a belated economic recovery, there are millions of families still caught in the most prolonged cost-of-living crisis for a century,” Mr Miliband will say at an event in Nottingham this morning.
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In the first of two articles, ROBERT GRIFFITHS argues that despite a parliamentary majority, Labour’s timid Budget fails to seize a historic opportunity and lacks the ambition needed to address Britain’s deep social and economic crises