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Page last updated at 10:29 GMT, Saturday, 8 September 2012 11:29 UK

Collaboration at heart of 'predistribution'


Labour's Ed Miliband claims to have come up with the original concept of "predistribution", which he unveiled earlier this week.

"Predistribution is about saying we cannot allow ourselves to be stuck with a permanently low-wage economy, and then hope through taxes and benefits we can make up the shortfall," Mr Milliband stressed in a speech.

Chuka Umunna, shadow business secretary, told the Today programme that the model involves producing "decent quality, decent paid jobs and a system that skills people up to do them".

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