At a glance

Five key points from the Labour leader’s speech

Boosting growth

The key theme was a relentless focus on economic growth. He echoed Tony Blair’s “Education, education, education” slogan by saying his priority would be “Growth, growth, growth”. He dismissed those who believe economic prosperity should be sacrificed to tackle climate change.

Reducing debt

Sir Keir pledged to be a prudent guardian of the public finances. He vowed to “set a target to reduce debt as an overall share of our economy” and said Labour would “only borrow to invest to meet the challenges of the future” in infrastructure.

Targeting the Tories

He took aim at Rishi Sunak and Liz Truss, branding the former “the architect of the cost of living crisis” and the latter “the latest graduate from the school of magic money tree economics”.

Levelling up

He said that his economic plans would end the dominance of London and the South East and “unlock the potential of every place – every community, town and city”. He said that “just because the Tory commitment to levelling up is dead, doesn’t mean the idea of levelling up is dead”, vowing that “Labour will take it on”.

Break with Corbyn

He Corbyn-driven renationalise ditched the swathes Jeremy plan to of vowed the economy to “ask searching and questions of my party and our instincts”, adding: “We cannot be like the Tories clinging to old ideas, trapped in our history.”