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'I'm ready' says Miliband as he launches election manifesto

Miliband sought to reassure voters that Labour would manage the economy responsibly while handing more wealth to low and middle income families during a speech in ManchesterOpposition leader Ed Miliband insisted he was ready to be Britain’s next prime minister as he launched a manifesto Monday designed to boost his party’s reputation on the economy. Miliband sought to reassure voters that his centre-left Labour party would manage the economy responsibly while handing more wealth to low and middle income families during a speech in Manchester, northwest England. Labour has been virtually tied with Prime Minister David Cameron’s Conservatives in opinion polls for months in an election race which many experts predict will yield another coalition or minority government. Labour’s record on the economy while in government between 1997 and 2010 under Tony Blair and Gordon Brown is also frequently attacked by the Conservatives, who blame the party for running up a budget deficit of some £90 billion (124 billion euros, $130 billion).

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