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 new generation of Labour is different. Different attitudes, different ideas, different ways of doing politics.

Freedom and opportunity are precious gifts and the purpose of our politics is to expand them, for all our people.

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

The transition to a low-carbon economy will be one of the defining issues of the 21st century. This plan sets out a route-map for the UK's transition from here to 2020...every business, every community will need to be involved. Together we can create a more secure, more prosperous low carbon Britain and a world which is sustainable for future generations.

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

In good times, people turn to Left wing parties, in bad times, they say, well, possibly Left-wing parties can't make those tough decisions... We've got to buck that trend