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| Ed Miliband vows more vocational training | Ed Miliband vows more vocational training |
| (35 minutes later) | |
| Labour leader Ed Miliband has set out plans for greater vocational training in schools as part of a wider effort to remodel the British economy. | |
| A Labour government would seek to boost the prospects of youngsters who do not go to university, he said. | |
| The plan is part of a series of measures to improve what Mr Miliband calls the "pre-distribution" of wealth. | The plan is part of a series of measures to improve what Mr Miliband calls the "pre-distribution" of wealth. |
| He wants to raise the incomes of poorer families without relying on handouts through the tax and benefits system. | |
| In a speech in the City of London, Mr Miliband said: "We cannot allow ourselves to be stuck with permanently being a low-wage economy. | |
| "It is neither just, nor does it enable us to pay our way in the world. | |
| "Our aim must be to transform our economy so it is a much higher skill, higher wage economy. | |
| "Think about somebody working in a call centre, a supermarket, or in an old peoples' home. | |
| "Redistribution offers a top-up to their wages. Predistribution seeks to go further - higher skills with higher wages." | |
| He said the Labour Party was working with schools and universities to come up with new ideas to boost skills training for children who did not go into higher education. | |
| In a wide-ranging speech on economic policy, Mr Miliband said British business needed to take a longer term, more socially responsible approach to growth. |