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| Version 0 | Version 1 |
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| Labour to outline spending plans | Labour to outline spending plans |
| (about 2 hours later) | |
| The government will be "wise spenders, not big spenders", Business Secretary Peter Mandelson will say in a speech on public spending in London. | The government will be "wise spenders, not big spenders", Business Secretary Peter Mandelson will say in a speech on public spending in London. |
| Lord Mandelson is to say Labour will continue the economic stimulus and has a plan to pay back debt, without eating into the fabric of people's lives. | Lord Mandelson is to say Labour will continue the economic stimulus and has a plan to pay back debt, without eating into the fabric of people's lives. |
| He will also say the Conservatives are making a major political mistake in their haste to cut public spending. | He will also say the Conservatives are making a major political mistake in their haste to cut public spending. |
| Aides say the speech will launch Labour's fightback against the Tories. | Aides say the speech will launch Labour's fightback against the Tories. |
| Cuts criticised | Cuts criticised |
| The speech at the London School of Economics coincides with the TUC's annual conference and union criticism of the government over its plans to cut public spending. | The speech at the London School of Economics coincides with the TUC's annual conference and union criticism of the government over its plans to cut public spending. |
| Lord Mandelson will stress that ministers are not "oblivious to economic conditions", and want to be "wise spenders, not big spenders". | Lord Mandelson will stress that ministers are not "oblivious to economic conditions", and want to be "wise spenders, not big spenders". |
| Polls have indicated voters are more in tune with the Conservatives who claim the dire state of the UK's finances means immediate cuts are necessary. | Polls have indicated voters are more in tune with the Conservatives who claim the dire state of the UK's finances means immediate cuts are necessary. |
| We do not believe that we should try to solve problems simply by throwing money at them Business Secretary Lord Mandelson class="" href="/2/hi/uk_news/politics/8253837.stm">TUC rejects claims of recovery | |
| But Lord Mandelson will say Labour will maintain spending levels until the recession is past, and then protect frontline services. | But Lord Mandelson will say Labour will maintain spending levels until the recession is past, and then protect frontline services. |
| "We should not allow ourselves to be painted as a party that is oblivious to economic conditions," he will say. | "We should not allow ourselves to be painted as a party that is oblivious to economic conditions," he will say. |
| "It would not be right to turn the remarkable and necessary period of catch-up in public service provision over which Labour has presided into some kind of eternal doctrine: that social democracy is about high growth in public spending for its own sake, against which everything else we do is secondary. | "It would not be right to turn the remarkable and necessary period of catch-up in public service provision over which Labour has presided into some kind of eternal doctrine: that social democracy is about high growth in public spending for its own sake, against which everything else we do is secondary. |
| "We do not believe that we should try to solve problems simply by throwing money at them." | "We do not believe that we should try to solve problems simply by throwing money at them." |
| Lord Mandelson will accuse Conservative leader David Cameron of pursuing a "small state" at any cost. | Lord Mandelson will accuse Conservative leader David Cameron of pursuing a "small state" at any cost. |
| "The Tories and their friends are yearning for people to think that because there is a need for public spending constraint in the future, we face an era of deep, savage, indiscriminate across-the-board spending cuts, whoever is in power." | "The Tories and their friends are yearning for people to think that because there is a need for public spending constraint in the future, we face an era of deep, savage, indiscriminate across-the-board spending cuts, whoever is in power." |