Ed Miliband seized the position of Labour Party leader after narrowly defeating his older brother David, thanks to second-vote preferences and strong union backing. So what are his views on finance? And is he really deserving of the sobriquet 'Red Ed'?

In an interview with the BBC on Sunday, the younger Miliband rebutted any speculation that he would be taking Labour to the left. "It's not about a lurch to the left. I'm in the centre ground of politics, but it's about defining where the centre ground is," he said.