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Lawyer from London to stand for Labour in Beaconsfield at general election
A LAWYER who lives in London is Labour's candidate for the Beaconsfield constituency at the general election, the party has announced.
Jeremy Miles, an Oxford Graduate, is likely to be up against fellow lawyer and Conservative Dominic Grieve who has been Beaconsfield MP since 1997 and is currently also shadow justice secretary.
However Mr Miles has little chance of winning given the local elections results in June this year in which the Tories polled 49 per cent of the vote in Buckinghamshire and Labour lost both its seats on Buckinghamshire County Council.
A statement from Beaconsfield Labour Party said that Mr Miles wants to protect jobs from the massive cuts that will follow should the Tories get back into office.
It said: "Nobel Prize winning economist Paul Krugman has said that Gordon Brown has led the world in terms of policies to help protect us from the risk of an apocalyptic recession by following Keynesian policies..."
It continued: "We can ride the storm, because our national debt even with a massive economic and financial crisis is only 56% of national income, this is the sum total of the country's equivalent of household loans and mortgages.
"And, ten percent of this figure has been used to buy assets in banks whose share value crashed and financial risk increased, because George Bush let Lehman Brothers fail. Now the risks are receding and the banks assets recovering.
"We already have billions back from the Icelandic Government to reimburse our Government for protecting our savings from Icelandic bank failure."
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