Ed Miliband
Media playback is unsupported on your device
Video

Miliband 'not surprised' by business leaders' letter

Ed Miliband has said the fact business leaders wrote a letter to express their support for lower business taxes "does not surprise" him.

The Labour leader said his party's priorities were with small and medium businesses, whose tax burden he intends to reduce.

He said the recovery was not being felt equally across the country and wealth would not "magically trickle down" to the poorer elements of society.

Go to next video: Labour: 'Increase tax on high earners'