Mandelson backs Miliband's 'middle-out' economic plan

The former business secretary applauds Labour leader's industrial policy which focuses attention beyond 'a handful of people at the top'

Peter Mandelson has offered his support for a new initiative by Ed Miliband to recalibrate Britain's industrial policy to focus attention beyond "a handful of people at the top" to all sections of the economy, including low-paid workers.

The former business secretary makes his intervention in a Guardian article on the eve of a speech by the Labour leader in the West Midlands which is inspired by Barack Obama's campaign to grow the economy "from the middle out, not from the top down".

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