By Jason Farrell, Senior Political Correspondent
David Cameron will make a short trip from Downing Street to Buckingham Palace today to ask the Queen to dissolve Parliament.
The final act of pomp and ceremony of his coalition government will be followed by a statement from the Prime Minister on the steps of Number 10 in which he will say the country faces "a stark choice" between the Conservatives and Labour.
Mr Cameron will say: "You can choose an economy that grows, that creates jobs, that generates the money to ensure a properly funded and improving NHS... and a Government that will cut taxes for thirty million hardworking people…
"Or you can choose the economic chaos of Ed Miliband's Britain - over £3,000 in higher taxes for every working family to pay for more welfare and out-of-control spending. Debt will rise and jobs will be lost as a result."
Labour leader Ed Miliband is joining shadow business secretary Chuka Umunna and shadow chancellor Ed Balls for the launch of Labour's business manifesto at Bloomberg.
The Labour Party is expected to release a "dossier" on the EU setting out how Mr Cameron has, in their view, caved in to the eurosceptics within his party.
Labour will also take out an advert in the Financial Times focusing on their campaign to stay in Europe.
Mr Miliband is expected to say: "There could be nothing worse for our country or for our great exporting businesses than playing political games with our membership in Europe.
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Gallery: Miliband And Cameron Live Showdown
Leader of the Labour party Ed Miliband answers questions from the audience
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