David Blackburn

Miliband swings into action by warning of inflation

The seasonal interlude has ended and Ed Miliband is sallying north to Oldham East. He will resuscitate old favourites from 2010: progressive cuts, fairness and a government bent of an ideological mission: but he will illustrate his point with reference to tomorrow’s VAT rise. Miliband will say:

‘Today we start to see the Tory-led agenda move from Downing Street to your street. At midnight VAT goes up, hitting people’s living standards, small businesses and jobs. The VAT rise is the most visible example of what we mean when we say the government is going too far and too fast, because it’s clear that it will slow growth and hit jobs.’

And he will add that the ordinary voter’s wallet will be £389 lighter by the end of the year, courtesy of the rise.

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