Britain officially launches general election campaign

Britain officially kicked off its general election campaign after the Parliament was dissolved on Monday.

Both the Conservatives and the Labor party, the country's two main political parties, made further pledges on Monday in a bid to win the battle to No. 10.

Speaking in front of his official residence at Downing Street, Prime Minister David Cameron, also leader of the Conservatives, said his government is "turning the country around" and urged the voters to let him "see this through."

He added that the election takes place at a time when the world is "dangerous and uncertain," warning that voting for his Labor Party opponent Ed Miliband could lead to "economic chaos."

Outlining the Labor Party's business manifesto in London, Miliband said Cameron's promised referendum on Britain's European Union (EU) membership is a "clear and present danger" to the economy.

"It threatens to shut UK businesses out of a market that gives them access to the world's largest trading bloc. It's simply the wrong direction for our country," he warned.

"The job of the next Prime Minister is to open new markets for business, not close them off," the Labor Party leader added.

Cameron has pledged to hold an "in or out" referendum on whether Britain should withdraw from the European Union by 2017, if his Conservative Party wins the 2015 general election.

Britain is to hold its next general election on May 7. A party needs to win at least 326 of all 650 seats in the House of Commons, the parliament's lower house, to form a majority government. Endit