Moreover, for decades we have been prone to far greater swings in the economic cycle than our continental counterparts. It has been boom and bust....Under this Government, there is an entirely new framework for economic management in place.

People know where I stand in the Labour party and what I believe in.

If you're living in a community that's become fragmented and left behind, there's not proper investment in it and so on, in the end, the answer is to make sure that we go and we help those communities, we educate the people properly, we build the necessary infrastructure of support for people.

Values unrelated to modern reality are not just electorally hopeless, the values themselves become devalued. They have no purchase on the real world.

I have long believed this interdependence defines the new world we live in.

The full horror of what has happened in the United States earlier today is now becoming clearer. It is hard even to contemplate the utter carnage and terror which has engulfed so many innocent people. We've offered President Bush and the American people our solidarity, our profound sympathy, and our prayers. But it is plain that citizens of many countries round the world, including Britain, will have been caught up in this terror.

We know the problems, and we know the solution: sustainable development. The issue is the political will.