utilities. these were the people who kept the show on the road during the pandemic and the award? continued low pay and job insecurity. —— the reward. clustered in low—paid jobs will be the first generation to have more lifetime earnings than the one that went before. after a decade of the conservatives, we have an economy with historically rates of investment. since 2010, in the investment. since 2010, in the investment league, of 170 nations, britain comes in a miserable 150th. labour will work with sectors which are strong. pharmaceuticals, materials, defence, chemical engineering, consumer goods, environmental technology, transport and biotechnology. under labour's by and biotechnology. under labour's by and make and sell in britain programme, there will be local procurement. the towns that were the crucibles of the original industrial revolution needed to be revived next. the core and cut in the towns of lancashire, the towns of yorkshire. the great maritime and fishing economies of our seaports. these are places made britain the envy of the world. we cannot make the nation we want without them. the lesson is that a secure, well—paid workforce skilled people in high—class work, protected by good trade unions, is not separate from good business. it is the definition of good business. applause. and good business and partners. i have no that the small businesses of this country are the next generation of wealth creators. i want to see enterprising, creative countries. i went to see them make a profit and employ more people. i want to create the conditions in which inventive small businesses can grow into inventive big businesses. but we don't give ourselves the best chance. i have lost count of how many business leaders have told me that if they wish their time horizon could be longer. so, when i say that labour pledges to change the priority duty of directors, to make the long—term success of the company priority, we will do it the blessing of british business. a focus on the long—term will allow for better investment. labour make britain a world leader in science and research and development. and we will set a target to invest a minimum of 3% of gdp. applause. this mission will not call with all ranges, no productivity of the tories. i am determined we are going to change this by investing in other businesses, by unleashing our creativity, by bringing forth for working people, launched by andrew on saturday. this is how we remake our nation. the good society and a strong economy as partners. without a good society, we waste the talents too many people. without a strong economy, we cannot pay for the good society. talk is cheap. but progress isn't. if anyone permission to create the good society, we have to win trust that we will create a strong economy. applause. the economic inheritance from the tories will be appalling. a botched brexit followed has left a vehicle. the government is learning that is not enough to get brexit done. need a plan to make brexit work. ido i do see ido seea i do see a way forward after brexit. if we invest in our people and places, if you deploy our technology cleverly and if we build the affordable homes we so desperately need, put the public finances inherit serious repair work. i take the responsibility _ inherit serious repair work. i take the responsibility of— inherit serious repair work. i take the responsibility of spending - inherit serious repair work. i it? «e the responsibility of spending your money very seriously. that is why our approach to taxation will be governed by the three principles. the greater part of the burden should not fall on working people. the balance between smaller and larger businesses should be fair and we will chase down every penny to ensure that working people paying their taxes always get value for. as rachel said on monday, all spending will be scrutinised by an officer for value for money. there will be no promises we cannot keep, or commitments we cannot pay for. too often in the history of this party, our dream of the good society falls afoul of the belief that we will not want a strong economy. but you don't get one without the other. and under my leadership, we are committed to both. applause. and i can promise you now, under my leadership, labourwill and i can promise you now, under my leadership, labour will be back in business. let me give you an example of how this template can work. let us take the hardest question and the biggest issue of our time. climate change. climate change. this is an issue of security. it is a test ofjustice on a global scale. climate change poses an extra sensual threat. it will turn terrain into desert land, conflicts will break out of scarce resources like. millions will be displaced by flooding, forest fires and violent storms. time is short and violent storms. time is short and we have a duty to act. applause. better that obligation should not to us. it should embolden us, shifting the economy onto a sustainable path is promise for britain. full of promise. every time i enter a high—tech factory, i wonder what my dad would have made of it. so long ago, shaped metal by drooling it, knowing it and turning it. i remember my dad working with a spoken, emerging metal into a liquid and using an electrical charge to shape it we thought it was revolutionary at the time. but at airbus recently, where they are developing the world? next hydrogen vehicle, i saw them working with 3d engineering, literally shaping components by bringing together particles and matter in a way completely unimaginable in the factory my dad used to work in. i saw young apprentices in a very nice factory and approach came from knowing that they were at the heart of a revolution, building the next generation of hydrogen and battery planes. they felt like pioneers of flight, perched on the edge of a cliff. taking the risk, knowing that a successful one of them would change the world. in scotland, i saw the great potential of power. yet not one of them, not one of them was made in britain. from their manufacturing base in fife, the workforce can see the turbines being towed in from places like indonesia. the next generation of dc when turbines could be our opportunity. skilled engineering, optional work, sectors where we could need the world, if only we had a government willing to lead. applause public funding was an important component of so many inventions. the personal computer, the intranet, the iphone. if only we funded science seriously, we could make the historical contribution to the battle against climate change. action is needed. not in the future, but now. if we delay action by a decade, the cost of climate transition will double. this urgency is why labour will bring forward a green, new deal. thank you. applause. 0urgreen, 0ur green, nigel will include a climate investment pledge to put us back on track to cut the substantial majority of emissions this decade. and if we are serious about climate change, we need to upgrade our homes. the tories inherited plans from labour to make every new carbon. they scratch them. they scratch them. and now we have a crisis in energy prices. emissions from homes has increased and we have at least energy efficient housing in europe. so, it will be labour's national mission over the next decade to fit out everything that needs it, to make sure that it is warm, well initiated and costs less to heat, and we will create thousands ofjobs in the process. i can also pledge that we will introduce a clean—air act. and everything we do in government will have to meet a zero test to ensure that the prosperity we enjoy does not come cost of our climate. and that is why on monday, they shall set out ambition to become britain's first green chancellor. committing the next labour government to an additional 28 billions of capital investment in countries green transition for each and every year of this decade. like those are pioneers in flight, and like those young engineers working on the next generation plane, we haveit on the next generation plane, we have it within our grasp to make an historic difference. we have it within our grasp to be the change we needin within our grasp to be the change we need in the world. after a decade of tory government, how we need a change. underthe tory government, how we need a change. under the tories, just every english region. government has been cut to the bone. more than half a million more children live in poverty. and so do have a million more pensioners. for the first time in decades, expectancy has stalled. and after all that, the tories expect us to believe that levelling up expect us to believe that levelling up is more than a slogan. well, let me offer the conservative party a lesson in levelling up. if they want to know how to do it, i suggest they take a look at our record for the last time we were in government. applause. hospital rates, down. gcses results,. 311,000 more doctors. 89,000 new nurses. child poverty, down by1 million. pensioner poverty, down by1 million. slippers, down 75%. a national wage. applause. the oecd said that no nation had had a bigger rise in social mobility ambition. levelling up? that is levelling up! and you can see the benefit of labour in power today. fantastic mature mayor and local authority leaders are doing. and let us hear it for the difference triggered and his team making in wales. —— mark drakeford. i have a good relationship with mark. but i fear that it is under threat. i believe in the union of nations on these islands. but we have a cavalier government that is placing it in perth. scotland is in the unfortunate position of having to bad governments. the tories in westminster and the snp in hollywood. when nicola sturgeon took office, she said she wanted to be judged on her record. well, these days, with the poorest in society less educated and less healthy, and with the tragedy of so many drug—related deaths, we hear rather less about the snp�*s record. the snp and the tories walk in lockstep. they both exploit constitutional divide for their own ends. labour is the party that was to bring our nations together. under the fantastic leadership, labour is the party of the union. applause. because it is notjust that a divorce would be a costly disruption, although that is true. but it is notjust that our union would be in all our economic interests, though that is also true. it is that we are more progressive together, we are more secure together, we are more secure together, we are a bigger presence in the world together. we are greater as britain then we would be apart. as gordon brown said recently, when a welsh or scottish woman gives blood, she doesn't demand an assurance that it must not go to an english patient. i am delighted that gordon will lead our commission to settle the future of the union. and i know that gordon believes that if you look past the tories pathetic attempt to divide us in a culture war, can glimpse a torrent of progressive nation which we can all be proud. i believe that our diversity is one of the things that makes this country great. as this country continues to change, as we slowly liberate the talents of people, as we name and tackle discrimination, as we make a better place for people with disabilities, i believe we grow as a country. when the government ignored special�*s campaign on school meals, i was shocked. but i couldn't believe it. when he and the england team took the knee to highlight and condemn the racism that they had had to endure. the home secretary encouraged people to. well, in this conference hall, we are patriots. applause. when we discuss the fine young men and women who represent all our nations, don't bowl, we get to their feetin nations, don't bowl, we get to their feet in nature. — mike we share. we cheer. let me say another word about another band great british menu and women. military themselves in harm's way to protect our security. i am proud of them. and i am proud of the work they did for us in afghanistan. thank you. it grieves mejesse brittain isolated and irrelevant, labour is the party of nato, the party of international alliances. under labour, we will rebuild our alliances, we will mend broken relationships and we will do right by great britons who serve in our armed forces. ican i can see the ways in which we can remake this nation. and that is what we get to do when we went. in a way, the more we expose the inadequacy of this government, the more it presses the question back on us. if they are so bad, what does it say about us? because after all, in 2019, we lost to them. and we lost badly. i know that hurts each and every one of you. so, let us get a totally serious about this. we can't win the next general election. — mike we can win the next general election. this government cannot keep the fuel flowing, it cannot keep the shells stuffed. see what borisjohnson does when he was more money, he goes straight to the wallets of working people. labour is the party that is on the side of working people. so, imagine, just imagine waking up the morning after the next election. in the knowledge that we could start to write the next chapter in our mission�*s history, ending edge towards the values that bring as you're after a year to this conference hall, to seek a better way. proud in the knowledge that part of it. i have loved my first conference as leader, i have really loved it. but i don't want to go through the same routine every year. in a few short years from now, i want to be here with you, talking about the difference we are making, the problems we are fixing as a liberal government. — mike labour government. applause. that is what this party is for. that is the object of the exercise. applause and as the leader of this party, i will always have that eye on the object look. how beautiful it is that ion the object look. —— eye on the object. this is a big moment,

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