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Labour in jobs pledge for long-term unemployed

Labour has pledged to guarantee a job for the long-term unemployed if the party returns to power at the next general election.

Shadow chancellor Ed Balls says the £1bn cost of the scheme could be met by restricting tax relief on pensions for those earning over £150,000 a year.

But the Treasury says Labour is trying to spend the same money twice.

Vicki Young has more details.

  • 04 Jan 2013
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