Miliband seeks to bolster economic credentials in bid to win power

Reuters/Russell Cheyne

(Reuters) – Opposition Labour leader Ed Miliband will seek to allay concerns about his party’s economic competence by unveiling a manifesto on Monday that pledges to protect the national finances and end tax avoidance by the rich.

In a bid to edge ahead of Prime Minister David Cameron’s Conservatives in what polls indicate is the closest British election of recent times, Miliband will pledge to build a fairer society if he is elected prime minister on May 7.

At stake is more than simply who shall govern the $2.8 trillion economy: Cameron has promised a referendum on European Union membership while Scottish nationalists, who want Scotland’s independence, are seeking a kingmaker position.

Pitched as a manifesto for “the working people of Britain”, Miliband will unveil his shop window of election promises in Manchester, a party stronghold in the north of England.

“My case is simple: Britain can be better – for you, your family and our country,” Miliband, 45, will say according to advance extracts supplied by the Labour Party.

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