Ten Things You Need to Know Today: Tuesday 10 Jan 2012

1. MILIBAND: WE MUST FACE REALITY

Ed Miliband today lays out a new direction in opposition and tells his party it must face up to the reality of the deficit and make difficult choices on spending at the next election. The Labour leader will use the Government's admission that the deficit will not be eliminated by 2015 as a spur to policy changes.

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