Ed Miliband is expected to say the following at the TUC “Future that Works” demo:
“People have come here from all walks of life, from all parts of our country.
“Young people looking for work, construction workers, nurses worried about the NHS and off duty police officers worried about cuts to frontline services. People from every corner of Britain.
“So many people have the will to work, the ambition to work, but cannot find a job. They do not think that Britain owes them a living. They are not asking for the earth. They just have a simple request. They want a future that works for them.
“And what did the Government say? They told us austerity would help our economy grow. But our economy has not grown. It has flatlined.
“They told us ‘we’re all in this together’. But now they are cutting taxes for millionaires, as they raise taxes on everybody else, including our pensioners.
“They told us the gain would be worth the pain. But even after the cuts, the pain, the tax rises, borrowing is not falling – it’s rising. They are even failing the one test they set themselves.
“And the reason they are failing is that they’ve got old answers. The old answers that just don’t work. They really believe that trickle-down economics and a sink or swim society is the way to get Britain working.
“They really believe that everybody else has got too many rights at work and if we make it easier to fire them, our economy will succeed.
“Of course, there will still be hard choices.
“With borrowing rising not falling today, I have said that whoever was in government now would have to make some cuts.
“I do not promise easy times. But I do promise a different and fairer approach.
“This Government has shown us self-defeating austerity, by cutting too far and too fast, is not the answer.
“And let me tell you one cut I would never make: I would never cut taxes for millionaires while raising taxes for everybody else.
“You don’t build a successful country with sink or swim.
“You do it by building One Nation.
“One Nation is a country where we give hope to our young people again.
“One Nation is a country where those with the broadest shoulders always bear the greatest burden.
“And One Nation is a country where we defend our great institutions, like our National Health Service.”