The issue is not whether to change, but how.
And always a party of restless and relentless reformers, the new mission for new Labour is to realise our passion for fairness and responsibility in these new global times. And as we rise to the challenge of change so this coming election will not be a contest for a fourth term Labour government, but for the first Labour government of this new global age.
Our new economic model for a strong economy is founded on three guiding principles.
That in future finance must always be the servant of people and industry and not their master.
That our future economy must be a green economy.
And that we must realise all of Britain’s talent if we are to lead and succeed.
The best way finance can serve our country now is to help ensure that the inventions and innovations pioneered in Britain are developed and manufactured in Britain. So we will create a new national investment corporation to provide finance for growing manufacturing and other businesses; our £1 billion innovation fund will the back the creativity and inventions that are essential to the economy.
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