Business leaders must not cling to old ways of doing business, or allow inertia or complacency to prevent them from making the decisions that they will eventually be forced to make.

And some of what we're doing in Government even now, some of the welfare reform programs that are helping lone mothers come into work are based on things that were very new under the Labour Government in the eighties.

We just have to be crystal clear that if we were to abandon all the reforms made over some very painful years in the Labour party, we would be consigned back to opposition.

Fifty per cent of the public doesn't know what 'fifty per cent' means.

You've got to respond to that and of course thinking through the role of a left party in the modern world, in the modern economy and society and having a policy response to that.

Business leaders must not cling to old ways of doing business, or allow inertia or complacency to prevent them from making the decisions that they will eventually be forced to make.

But clearly at the same time you've got to get out there and connect with voters and actually respond to the needs, the frustrations, whatever problems their now saying are not being adequately solved.