One nation banking recognises that banks must not be isolated from the rest of the economy. Because banks and small businesses must succeed or fail together, banks must lend to small businesses so we can get the growth and jobs we need for the future. As things stand, that is not happening enough. Lending was down £10.8billion last year.

Think of how we challenged the impression that we taxed for its own sake and that we were hostile to business. We were right to change.

And think of how we challenged the idea of a male dominated Parliament with All-Women shortlists and made the cause of gender equality central to our government. We were right to do so.

I suppose not everyone has a dad who wrote a book saying he didn't believe in the Parliamentary road to socialism.

One nation banking recognises that banks must not be isolated from the rest of the economy. Because banks and small businesses must succeed or fail together, banks must lend to small businesses so we can get the growth and jobs we need for the future. As things stand, that is not happening enough. Lending was down £10.8billion last year.

The most important lesson of New Labour is this: Every time we made progress we did it by challenging the conventional wisdom.

I treat opinion polls with a pinch of sugar.