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Economic Recovery

No, I am going to make a little progress. Specific measures to help us out of the recession have been outlined by the shadow Chancellor for some months now. A few weeks ago, we published our proposals to do something about Labour’s jobs crisis: "Get Britain Working" offers a new, integrated welfare-to-work initiative. This year has seen the highest increase in unemployment on record, with more than 2,000 people a day losing their jobs. We have a comprehensive programme, including tax incentives for micro and small businesses to take on new staff, which we believe will incentivise businesses to create around 60,000 new jobs. The shadow Chancellor announced two weeks ago a set of proposals to get the public finances in better order. At the same time, we remain committed to real help now in the form of our £50 billion national loan guarantee scheme and funded cuts in corporation tax.