'Robin Hood' Labour to take from bankers and give to young jobless
The Labour party has announced a plan to tax bankers' bonuses to pay for a job guarantee for young unemployed people.
The party wants to have its cake and eat it though; a job would be provided to all under-25s who had been unemployed for more than a year, but the would lose benefits if they turned it down.
The language of 'guarantees' versus ' compulsory' mean it is not clear whether Miliband and Balls are pro- or anti-unemployed.