:00:25. > :00:31.Evening all. Welcome to our round- up from the Labour Party Conference
:00:31. > :00:34.here in Liverpool. Ed Miliband says the Blair-Brown era is over and
:00:34. > :00:37.wants to move on, though what he'd replace it with is still far from
:00:37. > :00:41.certain. The recent past is still haunting him - from why Labour
:00:41. > :00:44.didn't do then what he wants to do now, to not standing up for Tony
:00:44. > :00:52.Blair when part of the conference booed the mention of Mr Blair's
:00:52. > :00:55.name yesterday. There's also those former ministers who think Labour's
:00:55. > :00:58.record is worth defending, such as Shadow Home Secretary, Yvette
:00:58. > :01:08.Cooper, who mounted a passionate defence of Labour's record on law
:01:08. > :01:11.
:01:11. > :01:15.and order. Tony Blair was right, tough on crime, tough on the causes
:01:15. > :01:21.of crime. Because it worked, crime fell by 40%. The first Government
:01:21. > :01:23.since records began, where crime went down, not up. Seven million
:01:23. > :01:33.fewer crimes a year. That's Labour's record and we should be
:01:33. > :01:36.
:01:36. > :01:44.proud of it. What is David Cameron's answer? 20% front-loaded
:01:44. > :01:48.cuts to the police. It's shocking. Right across the country 16,000
:01:48. > :01:56.police officers lost. This is a wreckless risk to take with the
:01:56. > :02:02.fight against crime. APPLAUSE
:02:02. > :02:07.Conference, the police do have to make their fair share of the cuts.
:02:07. > :02:12.We said 12% budget cuts, based on independent advice on what the
:02:12. > :02:16.police need to protect the front line. That's �1 billion over the
:02:16. > :02:20.course of the Parliament, but the Government has gone for �2 billion
:02:20. > :02:24.in cuts, with the steepest cuts in the first two years. We have said
:02:24. > :02:32.it before, it is too far, too fast and it is communities that are
:02:32. > :02:37.paying the price. APPLAUSE
:02:37. > :02:42.How can they turn a blind eye to the evidence from the riots this
:02:42. > :02:47.summer? For four nights, thousands of people took to the streets to
:02:47. > :02:52.loot and to rob and burning police cars and looting shops and torching
:02:52. > :02:58.homes and putting people's lives as well as their livlihoods at risk.
:02:58. > :03:01.This country must never again tolerate such laurlessness. --
:03:01. > :03:04.lawlessness. Never again should criminals be allowed to take
:03:04. > :03:13.control of the streets and they cannot be allowed to get away with
:03:13. > :03:18.APPLAUSE But, conference, it took 16,000
:03:18. > :03:24.officers to quell the madness on London's streets. Officers from
:03:24. > :03:27.Norfolk, South Wales, Hampshire, koum brieia, all joining the Met --
:03:27. > :03:31.Cumbria, all joining the Met to bring the streets back under
:03:31. > :03:36.control. That is the same number that David Cameron wants to cut.
:03:36. > :03:45.How out of touch can you get? Police numbers do matter. You don't
:03:45. > :03:50.cut crime by cutting the police. Breathless promises this summer to
:03:50. > :03:54.send in the Army, the troops on the streets of Britain. Prime Minister,
:03:54. > :03:59.you don't need to bring in the army if you have enough police.
:03:59. > :04:05.APPLAUSE Now is the time for a serious
:04:05. > :04:10.vision for the future of policing. A Royal Commission or a heavy-
:04:10. > :04:15.weight independent review. The Government has refused to do so, so
:04:15. > :04:19.we will. We are setting up an independent review, to look at the
:04:19. > :04:25.crime challenges of the 21st century and how policing needs to
:04:25. > :04:30.adapt and respond. I'm grateful to the much-respected Lord John
:04:30. > :04:38.Stevens for agreeing to chair this important, independent review.
:04:38. > :04:42.APPLAUSE Conference, next week, at the Tory
:04:42. > :04:47.Party conference, we'll hear a lot of tough talk from David Cameron,
:04:47. > :04:50.about broken Britain, cracking down on crime, and gangs. Tough talk
:04:50. > :04:53.from a Prime Minister who is still cutting the police, still cutting
:04:53. > :05:00.their powers and pushing up unemployment and barely mentioned
:05:00. > :05:07.crime since he started in the job. He says it now, but he hasn't done
:05:07. > :05:10.it before. Prime Minister, it shouldn't take a riot.
:05:10. > :05:14.APPLAUSE The taxpayer now has to pay out
:05:14. > :05:18.hundreds of millions of pounds in compensation to the businesses, the
:05:18. > :05:21.families hit by riots. Far better to prevent it happening in the
:05:21. > :05:26.first place, because the Tories claim to be the party of law and
:05:26. > :05:31.order, but look at the fact - every Tory Government since records began
:05:31. > :05:41.has seen crime go up, not down. Tories in Government do not cut
:05:41. > :05:42.
:05:42. > :05:46.crime. If we had said before the 97 election that under Labour crime
:05:47. > :05:53.would fall by 40%, no-one would have believed it could be done. But
:05:53. > :05:56.we did it. Tough on crime, tough on the causes of crime. Strong powers,
:05:56. > :06:05.strong safeguards and prevention and backing the police. Labour is
:06:05. > :06:09.the party of law and order and that is how we will stay. Thank you.
:06:09. > :06:13.Yvette Cooper. After, I spoke to her about the summer riots and
:06:13. > :06:18.suggested that since most of the rioters had grown up under Labour
:06:18. > :06:21.the party had some responsibility for the disturbances. I think you
:06:21. > :06:25.should do more and go further to get people out of the life of crime.
:06:25. > :06:29.It is shocking what happened in the summer. I think you have to
:06:29. > :06:33.recognise that crime fell by 40% during Labour's period and that
:06:33. > :06:37.included fewer young people, before the riots and fewer young people
:06:37. > :06:41.going into the crime. We ended up with people who had grown up, not
:06:42. > :06:46.all of them, but most of them were in the age group that their
:06:46. > :06:49.formative experience, their school, their early life, had been under a
:06:49. > :06:53.Labour Government. They were Labour's children. That's right.
:06:53. > :06:56.The fact that there have been fewer young offenders I think is an
:06:56. > :07:01.important progress, but of course it's the case there were a lot of
:07:01. > :07:04.the young people and a lot of people in their 20s, because some
:07:04. > :07:07.were older, who we have not managed to stop getting into a life of
:07:07. > :07:14.crime and that's why you have to always do more. That's why I would
:07:14. > :07:17.like to see a strong implementation of the work done in Boston and
:07:17. > :07:21.Hackney that targets the gangs. We have set out ways to fund that. The
:07:21. > :07:27.Government could start that now, so you don't have a repeat next summer.
:07:27. > :07:36.When you boasted today, as you did in the speech, about the fall in
:07:36. > :07:40.crime under Labour, that is calf ated by the fact that it ended in
:07:41. > :07:43.the worst rioting we have seen for a generation. This summer I spoke
:07:43. > :07:48.to police officers during the few months before the summer and they
:07:48. > :07:52.said in fact interestingly, that they were worried even before the
:07:52. > :07:56.summer about public order pressures and the fear of a long, hot summer.
:07:56. > :07:59.Did they have a sense that something would happen? Senior
:07:59. > :08:04.police officers had a sense. It's interesting, because for everyone
:08:04. > :08:09.else it came as a surprise. If you saw it was a long, hot summer, it's
:08:09. > :08:12.all the more surprising that they left us undefended on the first
:08:12. > :08:17.night. I don't think the police had anticipated how fast the rioters
:08:17. > :08:22.would gather. One police officer said to me he had never in 20-year
:08:22. > :08:27.career seen a crowd gather that fast. That's social media, rolling
:08:27. > :08:32.news. It does mean that you have to be able to respond. The police, if
:08:32. > :08:35.criminals can gather quickly, then police need to and it's madness to
:08:35. > :08:41.make 16,000 police officer cuts. You've set up the commission on the
:08:41. > :08:45.future of policing, and chosen John Stevens. He's already attacked the
:08:45. > :08:49.Government's ideas and he was an adviser to Gordon Brown on
:08:49. > :08:53.international criminal matters. You picked Tim Brain who has criticised
:08:53. > :08:56.the Government cuts already. It sounds a bit like this sew-called
:08:56. > :08:59.independent commission is full of people who have already made up
:08:59. > :09:04.their minds that what the coalition's doing is wrong and what
:09:04. > :09:09.you'll be doing is right? Well, firstly -- It's not really
:09:09. > :09:12.independent? He's a cross-bencher in the House of Lords with a long,
:09:12. > :09:17.independent reputation. He has attacked Government policy? Indeed.
:09:17. > :09:22.I think all the police were attacking Government policy. As you
:09:22. > :09:27.well know - It's not just police officers, but experts on crime and
:09:27. > :09:32.experts on how to bring crime down, all saying it's madness what the
:09:32. > :09:37.Government is doing. As you'll know, when the public sector gets united
:09:37. > :09:45.to attack toes trying to reform it, as Mr Blair reminded us, you end up
:09:45. > :09:49.with scars on your back. I can't find anybody who is supporting what
:09:49. > :09:51.the Government is doing. Anybody who supports the substantial re-
:09:51. > :09:56.organisation and chaos that they are proposing in the police force
:09:56. > :10:02.at the moment, rather than a sensible revision and reform for
:10:02. > :10:08.the future. You speak to to all police officers and I get a chance
:10:08. > :10:11.particularly here, I get a sense that there's a crying need of
:10:11. > :10:16.ordinary police officers for a better quality of leadership and
:10:16. > :10:20.better way that their leaders are united. There are some excellent
:10:20. > :10:23.leaders. Of course, in the 21st century what you want is to be able
:10:23. > :10:27.to draw on the best leadership to promote people fast and have
:10:27. > :10:30.flexibility, so I'm sure that issues around professionalisation
:10:30. > :10:34.and the workforce will be things that will be covered as part of
:10:34. > :10:37.this review. I think there's been a tendency for the Government
:10:37. > :10:41.ministers to really try to undermine the Middle East in the
:10:41. > :10:44.way they've handled this and play as being armchair constables.
:10:44. > :10:48.you think the Government ministers are out to undermine the police?
:10:48. > :10:51.think some of the things they've been doing that have been doing
:10:52. > :10:56.that. I think they have no faith in a lot of the police chiefs. During
:10:56. > :11:00.that period in August when things were really seemed to be tipping
:11:00. > :11:04.over the edge and we were all scared, that Tuesday when we didn't
:11:04. > :11:07.know whether the violence would be repeated, at that time we should
:11:07. > :11:10.all have been backing the police and respect for the police and rule
:11:10. > :11:14.of law. I think the way they handled that the way they seemed to
:11:14. > :11:17.be knocking the police and those few very sensitive few days,
:11:17. > :11:23.actually was undermining the respect for the police at a time
:11:23. > :11:28.when we needed it most. The big issue at this conference is the
:11:28. > :11:32.claim by your husband that in another leadership contest he will
:11:33. > :11:37.stand aside for you. Do you believe him? In fact, what he said was he
:11:37. > :11:41.said his view was that Ed Miliband was doing a great job and carry on
:11:41. > :11:46.being a leader for many years to come. He said he didn't want to run
:11:46. > :11:51.for leadership again should it ever arise and that he would stand aside
:11:51. > :11:55.for you. Do -- can you take his word on that? Look, that's actually
:11:55. > :11:59.what he said to me before we had the last leadership. He ran and you
:11:59. > :12:03.didn't. You see these husbands you can't trust them, can you? You
:12:03. > :12:07.don't think your husband will run again? No, I don't think so. Been
:12:07. > :12:12.there and done it, didn't quite get it. Enjoying himself? He's working
:12:12. > :12:18.very hard and doing a good job. haven't ruled yourself out. People
:12:18. > :12:23.like me always say that. You do. know the answer already. Thank you
:12:23. > :12:27.very much for being with us. The conference was also addressed today
:12:27. > :12:31.by Paul McKeever, the chairman of the Police Federation. It's the
:12:31. > :12:36.first time anybody in his position has spoken to a Labour conference.
:12:36. > :12:40.He's really a union official, so he should feel at home here. The
:12:40. > :12:45.conference certainly liked his message about the coalition. Let's
:12:45. > :12:49.be absolutely clear here, it wasn't a couple of politicians coming back
:12:49. > :12:59.to their desks that solved the riots. It was tens of thousands of
:12:59. > :13:04.
:13:04. > :13:07.police officers - APPLAUSE Pashpash - putting their
:13:07. > :13:12.lives on the line on behalf of their communities. You know the
:13:12. > :13:17.public recognised that. The public said thank you. The public were
:13:17. > :13:20.applauding officers who were out on patrol in the streets, making those
:13:20. > :13:30.riots abate. They recognised what police officers were doing. They
:13:30. > :13:32.
:13:32. > :13:39.recognised the worth of police What has been the response of
:13:39. > :13:45.government? During the riots, we heard from the Prime Minister, the
:13:45. > :13:50.Home Secretary, that the cuts were going to be going ahead even faster.
:13:50. > :13:55.That was something that astonished us. It really did take our breath
:13:55. > :13:59.away. The first duty of any government is the safety of their
:13:59. > :14:02.citizens and we believe government is playing fast and loose with the
:14:03. > :14:12.safety of the communities we represent.
:14:13. > :14:14.
:14:14. > :14:20.It is also worth reflecting as well on the way that government talks
:14:20. > :14:25.about us, that change, reform, cuts have to be forced through even more
:14:25. > :14:30.quickly, more radically, whereas when I heard him speaking about the
:14:30. > :14:40.report on banking, we were told it had to be introduced slowly, over a
:14:40. > :14:41.
:14:41. > :14:47.number of years... APPLAUSE. So as to avoid unintended
:14:47. > :14:51.consequences and failure. We feel greatly unloved, I have to say, and
:14:51. > :14:56.greatly left to our own devices. We believe that the government doesn't
:14:56. > :15:02.understand us, there is a constant denigration of what it is that we
:15:02. > :15:06.do and we find that disgraceful. Paul McKeever. This afternoon it
:15:06. > :15:10.was the turn of Shadow Education Secretary, Andy Burnham, who also
:15:10. > :15:16.dug out one of those Blairite soundbites. I think you can guess
:15:16. > :15:21.at -- guess which one it was. In this job, there is one thing you
:15:21. > :15:24.noticed. How on an almost daily basis, people who did not go to
:15:24. > :15:34.state schools and don't send their children to them pop up in the
:15:34. > :15:41.
:15:41. > :15:47.Is there any country in the world which runs down its schools, its
:15:47. > :15:52.teachers and its young people in the way we seem to do? Well,
:15:52. > :15:59.conference, at least let us put that right today. We you join me in
:15:59. > :16:07.thanking our teaches, dinner ladies, support staff, lollipop ladies...
:16:07. > :16:12.APPLAUSE. We thank them from the bottom of our hearts because it is
:16:12. > :16:15.their utter devotion to our children that makes England's
:16:15. > :16:20.schools amongst the best in the world at today young people face
:16:20. > :16:24.agonising choices. It is not easy to take on the cost of the degree
:16:24. > :16:31.when you know that you are expected to work for free once you finish it.
:16:31. > :16:36.But if things weren't hard enough, they just got a whole lot harder.
:16:36. > :16:40.This government has launched an all-out attack on aspiration, on
:16:40. > :16:45.the hopes and dreams of ordinary kids, as Daniel Johnson so
:16:45. > :16:50.eloquently put it before. Before the election, David Cameron
:16:50. > :16:57.bludgeoned people in the eyes. He said he would keep the education
:16:57. > :17:03.maintenance allowance. He broke that promise. What kind of man does
:17:03. > :17:13.that? Leaving thousands of young souls cut adrift? Cameron, the
:17:13. > :17:14.
:17:14. > :17:17.conman, that is who. APPLAUSE. What kind of man destroys
:17:17. > :17:22.England's Careers Service with youth unemployment at record levels
:17:22. > :17:26.and what kind of man chooses this moment, of all moments, to make
:17:26. > :17:31.young people pay with their life chances? All across England you can
:17:31. > :17:36.hear the sound of falling aspiration and it is terrifying!
:17:36. > :17:42.Tony Blair said his priorities were education, education, education and
:17:42. > :17:50.because of what he did, we can now go further. Aspiration, aspiration,
:17:51. > :17:55.aspiration. APPLAUSE. Here we are, in Britain,
:17:55. > :18:01.2011, and we have the spectacle of a Tory Education Secretary
:18:01. > :18:11.promoting Latin and ancient Greek over engineering, ICT and business
:18:11. > :18:14.
:18:14. > :18:18.I want as many children as possible to take the subjects in the English
:18:18. > :18:23.Baccalaureate but they are not right for everyone, as Andrew said
:18:23. > :18:28.before. And yet the message is clear. Any school or student who
:18:28. > :18:33.does not succeed and it is second best. And as we have heard today,
:18:33. > :18:43.there is a growing grassroots rejection of Michael Gove and his
:18:43. > :18:43.
:18:43. > :18:47.elitist and divisive policies. APPLAUSE. Our task now is to reform
:18:47. > :18:57.comprehensive education for new times, meeting the aspirations of
:18:57. > :19:00.
:19:00. > :19:04.every family and our country, and fulfilling Ed Miliband's promise.
:19:04. > :19:13.Rewarding hard work, stretching the brightest, putting hope in every
:19:13. > :19:17.heart. Thank you, conference. Burnham. And references to the
:19:17. > :19:20.Blairite era didn't end there. Labour MP John Mann livened up
:19:20. > :19:26.proceedings when he said that there were certain Labour members, past
:19:26. > :19:31.and present, who weren't giving much back to the party. -- enough
:19:31. > :19:37.back. There is one group of people who are not donating sufficiently
:19:37. > :19:42.and that is Labour MPs with second jobs, former Labour ministers who
:19:42. > :19:49.are doing consultancies for private industry...
:19:49. > :19:55.APPLAUSE. And there is also the book writers, who like to tell us
:19:55. > :20:01.about their memoirs. What I would like to see is in our report and
:20:02. > :20:06.maiming of those who have got the bottle to donate money back to the
:20:06. > :20:11.Labour Party -- they naming. So we can see who they are and we can
:20:11. > :20:15.thank them for their donations. Some of them will be happy, to name
:20:15. > :20:19.and shame those people who have made a fortune on the back of the
:20:19. > :20:24.Labour Party and continue to do so and who are not prepared to give
:20:24. > :20:27.the money when we need it! John Mann. He later confirmed that
:20:27. > :20:34.he'd been talking about Messrs Blair, Mandelson and Prescott. As
:20:34. > :20:39.if we hadn't guessed. Ed Miliband has been trying to explain what he
:20:39. > :20:45.means by the end of the Blair-Brown Iraq, if he is anti-Blair and what
:20:45. > :20:51.does he mean by producer and predator countries -- the Blair-
:20:51. > :20:58.Brown era. He took to the stage this evening to face questions from
:20:58. > :21:02.party and non-party members. Due to clarify a slightly vague bid in the
:21:02. > :21:06.way distinguishing between business is doing the right thing and the
:21:06. > :21:13.wrong thing will be administered -- can I ask you to clarify a slightly
:21:13. > :21:18.vague bid. It is about the roars that you set. Let me give you an
:21:18. > :21:22.example. The rules we set for the bank and how they run. Do they
:21:22. > :21:26.serve small businesses or do they not? Not all banks are predators
:21:26. > :21:31.but if they are engaging in short- term practices that damage the
:21:31. > :21:37.economy, it is predatory behaviour. Why should a 17-year-old vote for
:21:37. > :21:42.Labour? Let me tell you the most important thing of all, and that is
:21:42. > :21:47.climate change. When I think about my kids, I can honestly say they
:21:47. > :21:51.will be saying to me in 30 years' time, I hope they won't be talking
:21:51. > :21:58.about the economic crisis, they will be saying, did you get it on
:21:58. > :22:02.climate change? Dad, did you really get it? In the 1980s, the then
:22:02. > :22:05.Dutch government brought in legislation that insured public and
:22:05. > :22:09.private sector pensions, guaranteeing workers got the same
:22:09. > :22:12.pension when they were tired that they signed up for. We you give
:22:12. > :22:18.your word that serious consideration will be given to the
:22:18. > :22:22.Dutch example? I can't do that and I will tell you why I think I can't.
:22:22. > :22:28.You think I can. The reason I think I can't is because look at what is
:22:28. > :22:35.happening to longevity. It is great that people are living longer, far
:22:35. > :22:40.more than we expected. I am sorry you don't agree with me... The
:22:40. > :22:45.truth about it is that unless we take seriously the cost challenge
:22:45. > :22:51.of pensions, I don't think we are going to succeed. He clearly didn't
:22:51. > :22:58.agree with me! I am going to say something which is quite rude. We
:22:58. > :23:03.have the Germans sniffing around at the moment... I can't remember the
:23:03. > :23:09.name, it was in the national papers. Please do not let the Germans take
:23:09. > :23:14.their National Health like they have taken the trains. When we were
:23:14. > :23:19.in government, we deduce the private sector -- we deduce the
:23:19. > :23:24.private sector. I think we were right. That made a big difference
:23:24. > :23:29.to cataracts, hip operations and other things. But I really think
:23:29. > :23:34.that the idea that an NHS hospital, if it is badly managed, let it be
:23:34. > :23:37.taken over by other management but I am not in favour of sending it
:23:37. > :23:42.out to the private sector. I don't think that reflects the values of
:23:42. > :23:46.the NHS. Don't you think it is time to bring David out of Siberia and
:23:46. > :23:52.all of the rumours about backbiting? This party will not win
:23:52. > :23:56.if people focus on that and that is what the media is focusing on.
:23:56. > :24:01.Death is a massive asset to our party and politics -- David is a
:24:01. > :24:11.massive asset. I want to have him back. In the end he has got to
:24:11. > :24:11.
:24:11. > :24:14.decide whether he wants to play a role in the shadow Cabinet or not.
:24:14. > :24:18.The Labour leader has talked about wealth "built on sand" as example
:24:18. > :24:21.of bad companies. So when I spoke to Shadow Business Secretary John
:24:21. > :24:24.Denham I asked him if the tax revenues which poured into the
:24:24. > :24:28.Labour government coffers during the financial boom years under
:24:28. > :24:31.Labour was wealth built on sand. That approach to the economy was
:24:31. > :24:36.and one that was sustainable in the long term and that is why Ed
:24:36. > :24:40.Miliband was talking about the rules when you were taking all that
:24:40. > :24:47.money, billions of pounds from financial services, you did know
:24:47. > :24:51.and you certainly did not say it was built on sand.
:24:51. > :24:55.After losing an election, we should say, do we understand what needs to
:24:56. > :25:00.be done in the future. We have a record as a government that I am
:25:00. > :25:03.very proud of but there were things that happened and things we did not
:25:03. > :25:09.get right that we need to change in the future.
:25:09. > :25:14.My point is that all of us, we do not know when wealth is built on
:25:14. > :25:19.sand and when it isn't. Who would have thought that there will Bank
:25:19. > :25:23.of Scotland turned out to be wealth built on sand? -- Royal Bank of
:25:23. > :25:27.Scotland. If we have as many companies as possible which invest
:25:27. > :25:31.long term, which trained their staff, which take the environment
:25:31. > :25:35.seriously, which want their customers to be with them in 15
:25:35. > :25:40.years' time, not just 15 minutes, those companies are the ones that
:25:40. > :25:45.are most likely to bring success to the country. We have always known
:25:45. > :25:49.that. But we don't have an environment that fosters that so it
:25:49. > :25:52.has been possible to make more money by doing short-term things
:25:52. > :25:57.than by building a long-term business so what government has got
:25:57. > :26:02.to do is create the environment for those good companies to go. You
:26:02. > :26:07.won't get good companies without good government. But you penalise
:26:07. > :26:11.companies that don't follow you? You can't come in after a company
:26:11. > :26:16.has done something and say we will punish you, you have to get the
:26:16. > :26:20.incentives right in the first place. This is not about morality. It is
:26:20. > :26:25.recognising that if the walls of the game say you can get more by
:26:25. > :26:29.speculating, people will. So let's make it so that companies who built
:26:29. > :26:34.their wealth for the long-term growth. This country is full of
:26:34. > :26:39.companies that invest for the long term. Isn't it? There are not
:26:39. > :26:44.enough of them for the size of our country to pay our way in the world.
:26:44. > :26:50.We have brilliant companies but we also have ones with short-term
:26:50. > :26:54.business models. I will not name them. Why? Because no company fits
:26:54. > :27:00.entirely... If you cannot name companies, it is impossible to have
:27:00. > :27:04.a proper debate. No. It is about looking at the features in
:27:04. > :27:08.companies that you want to encourage. How many ministers in
:27:08. > :27:15.the shadow Cabinet have first-hand business experience? I don't know.
:27:15. > :27:21.For who has? I set up the social enterprise very successfully myself
:27:21. > :27:26.30 years ago. Do you have many business folk in their Cabinet?
:27:27. > :27:31.have lots of business people around the party. If I go through them, I
:27:31. > :27:36.don't think any come to mind that have made their main careers in
:27:36. > :27:40.business of and yet you think, although your Shadow Cabinet has no
:27:40. > :27:44.business experience, you think you can judge when wealth is not based
:27:44. > :27:50.on sand, when it would be good or bad to sell accompany on in five
:27:50. > :27:54.years' time, whether venture capital lays down the right
:27:54. > :27:58.business. You have no qualifications for any of that!
:27:58. > :28:02.What was said yesterday has not come out of thin air. If you talk
:28:02. > :28:06.to business, this is a discussion they are having. It is the conflict
:28:06. > :28:12.they often find between long-term wealth creation and short-term
:28:12. > :28:15.decisions, the dilemmas faced by small companies that want to grow.
:28:15. > :28:18.John Denham. And that's it for today, on a day when the Labour
:28:18. > :28:21.leader came under some pressure to put flesh on the bones of
:28:21. > :28:27.yesterday's speech and to tell us more about exactly how he planned
:28:27. > :28:35.to part company with the recent past. I suspect he'll be doing that
:28:35. > :28:37.for some time to come. Tomorrow is the last day of conference.
:28:37. > :28:40.Appearing on stage will be the Shadow Communities Minister,
:28:40. > :28:42.Caroline Flint, the Shadow Leader of the House, Hilary Benn, and
:28:42. > :28:52.Harriet Harman, who'll give the traditional Deputy Leader's
:28:52. > :28:56.