Andy Burnham: “It is a moment for reflection, and new resolution.”

I’m not the last Prime Minister of the UK. I’ll be the first to rewire it to make it work properly in Wales, Scotland, Northern Ireland, and England.

So I can confirm today we will legislate to make sure that non-compete clauses will no longer be a barrier to hiring for our most promising start-ups and scaling firms.

Politics has become too suffocating. We need greater ambition. The country is not where it should be and nothing simple gets us out of that. We need to show a journey and a longer-term plan.

If the UK wants to build global companies, we need to be globally competitive. To do that, we cannot have Britain's start-ups simply sell up.