Ed Miliband
Media playback is unsupported on your device
Video

Ed Miliband: Tories have failed on UK deficit

Labour leader Ed Miliband has said that the government's economic strategy is locking Britain into a "vicious cycle on the deficit".

In a speech in London, he said next week's autumn statement will show their plan "has failed" and confirm a further rise in borrowing.

Flat growth and high unemployment means it is time to change course, he suggested.

Go to next video: Business hopes for Osborne statement