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    Ed Miliband's message to UK: ditch George Osborne or face 'lost decade'

    Labour leader to warn that Britain could face same fate as Japan, but it is not too late to change

    The Labour leader will say that the UK could endure a repeat of the prolonged Japanese downturn

    of the 1990s unless measures are taken to stimulate growth.

    Mr Osborne was dealt a further blow by the credit rating agency Fitch, which signalled

    it is likely to strip the UK of its AAA credit rating next month.

    Speaking in Birmingham, Mr Miliband will admit that his party will not automatically

    benefit from the public losing confidence in the Coalition Government and will have to earn

    people's trust at a time when many are giving up on politics.

    He will argue that a Japan-style "lost decade" is not inevitable because there is an

    alternative to Mr Osborne's economic strategy, saying that Labour's task is to convince

    people that "it does not have to be this way".

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