Miliband to Pledge Labour Would Narrow U.K. Deficit

April 12, 2015 11:23 PM

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Ed Miliband will claim the mantle of fiscal responsibility for his Labour Party Monday with a pledge to narrow the U.K. budget deficit every year if he gains power on May 7.

Announcing the party’s election manifesto in northwest England, Miliband will set out the fiscal rules a Labour government would follow, repeating the party’s commitment to run a surplus by 2020. The deficit commitment excludes capital spending, whereas the Conservatives propose running an absolute ...

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