Labour must abandon the defensive political strategy of merely not being the Conservative Party and instead adopt a positive, ambitious policy agenda.

“The time of sort of not being something is over.”

Labour should prioritize broad-based tax increases rather than niche wealth taxes to effectively raise revenue and avoid alienating the business community.

“If you go for the broaderbased taxes, income tax, corporation tax, national insurance, and if you do something really bold, which needs to be done, which is bringing national insurance and income tax together, you could do some really interesting things.”