Liam Byrne

But we've got to build on those foundations now for new times.

And then we've got to have the courage to take on some of the forces that are deepening divisions.

One, American big tech.

to kleptocrats trying to surge dark money into British politics.

There's a fight there as well.

It's not just about, let's just refresh fraternity and build a more united kingdom from this diverse nations that we've got.

There's also the need to get a lot punchier with some big and powerful interests.

I do.

And I bring a kind of an economic lens to this.

And in a way, you know, as you know, I was a kind of a new Labour minister, helped start Progress and all that kind of thing.

But I became a bit unhappy with...

the way that we stopped really focusing on inequality, and I think inequality had begun to grow, especially after the financial crash, and we should have been tougher on that.

But look, in the new Labour years, we were growing wages each year at about 1.5%.

What does that mean?

That means your wages double every 44 years.

After the crash, wages grow at about 0.5% a year.

That means it takes 106 years for your wages to double.

So all of a sudden, democracy's promise is broken.

This idea that you work hard, play by the rules, and get on in life, it's gone now.

But alongside that, something else happened.