Among those who voted Brexit, there is still support for Parliament and its traditional sovereignty, for the monarchy, for the NHS, and for the Union… - Maurice Glasman, Baron Glasman

I would suggest that we use 5% of the bailout money to endow the Banks of England, which would be established in the counties and cities of England and would be constrained to lend within the county or city. The principal of the endowment would be in trust to the people of that county or city, in perpetuity so that it could not be liquidated by its members, and the balance of power in its corporate governance will be held by a third being held by the Bank of England, a third by its workforce and a third by the civic institutions of the locality. These newly constituted ‘Banks of England’ are one of the essential feature of Blue Labour statecraft built upon endowment and institution building.

We should not replace pity with fear in our relationship with the working class. It is a source of shame that Labour did not and does not represent the hopes and fears of the working class, by becoming a party that disapproves of their fears and is nervous of their hopes.

The nadir came out in Gordon Brown’s ‘that bigoted woman’ moment when I think what we saw was where a completely normal person, a Labour supporter too, expresses something about what she could see in her life about there being a lot of immigrants and Brown dismissed her as a bigot. Well, I saw that as an absolute manifestation of a self-righteous, self-regarding, elitism in Labour that really despises the concerns of working people. Labour had reached a situation under Brown where most of the people in the party hated one another and they hated people outside the party too.