We have revealed to us this afternoon the UKIP strategy for dealing with appealing to young voters. ‘You are all gullible children’ is the way that they’re going to be described in the future, so I can’t see many of them voting UKIP in the future.

In the 1970s, there were particular challenges with stagflation, as he should remember, because of the soaring price of oil as a result of the 1973 oil crisis. That knocked the usual economic cycle out of sync and, as a result, we saw rising unemployment and rising inflation at the same time, meaning that the traditional way of injecting money into the economy to deal with high unemployment—[Interruption.] I can give the leader of the opposition a lecture on economic history, if he wants, as he knows less than nothing about it—[Interruption.] And so the circumstances of the 1970s are very, very different. But what I can say to him about 1976—. Here’s a statistic for him: 1976 was the time in history when Britain was most equal—when Britain was most equal. Since then, the Tories have made it more and more and more unequal, and that’s what a Labour Government will change.