Tony Blair's Bornemouth Speech

To 250,000 young people getting through the New Deal, Tory pledge 3: you’ll go back on the dole.

I say: roll on the next General Election.

Our reforms are why we are spending £4bn less on interest payments this year.

Saving £2bn by cutting unemployment.

Why, thanks to economic growth, billions of pounds of wealth has been created, not lost in Tory boom and bust.

And as a result, the next three years show the biggest ever investment in schools and hospitals. Not just one year. But the year after and the year after that.

And, if we carry on running this New Labour economic policy I can tell you today we will continue to get more money into schools and hospitals in a way we can sustain year on year on year. We are rewriting some of the traditional rules of politics.

Now after a century of antagonism, economic efficiency and social justice are finally working in partnership together. We are demonstrating that it is possible to cut poverty and run the economy well. At last our historic reputation for compassion is being matched with a hard won reputation for economic competence. From now on people will vote Labour with their head as well as their heart.

The political landscape of Britain has changed forever.

That’s why Prudence’s chastity belt stays on, even for the Liberal Democrats.

And then we open up the UK economy.

Open it up to electronic commerce, so we cut the cost of buying and selling.