00:00I'm going to resist jumping straight in on recent events and the row about defence spending.
00:07It does underline the case for change, the need for stronger leadership
00:12and a serious plan to arrest and reverse Britain's decline.
00:17I am going to set out an alternative vision for Britain's future,
00:22a Britain that grows again and grows together.
00:25And an argument for the progressive capitalism we need to get us there.
00:32This is the single biggest challenge facing our country because our security is built on the bedrock of the British
00:40economy.
00:41Anyone who aspires to lead our country must confront this reality and recognise that even if the crisis in the
00:50Strait of Hormuz is ended,
00:51the long tail consequences for the global economy and for Britain will be felt for some time to come.
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