Ed Miliband used his keynote speech to Labour's autumn conference to promise to rebuild Britain as "one nation" and called on Britons to come together in the fight to overcome the economic downturn.
Speaking for 65-minutes without notes, the Doncaster North MP described the Government as a "miserable shower" who had allowed state borrowing to rise, destabilised the NHS and cut taxes on millionaires while increasing them for pensioners.
The Conservative Party said Ed Miliband had to do more "to prove he is credible".
The Labour Leader said he would not be able to reverse all of the coalition's cuts if his party won power and would continue to support the public sector pay freeze during this Parliament.
But he insisted a Labour administration would ensure that "those with the broadest shoulders will always bear the greatest burden".
Mr Miliband also sought to draw a line under New Labour, which he said was "too silent" about the responsibility of those at the top and "too timid" about the accountability of the powerful.
His speech was light on policy proposals, but Mr Miliband put forward plans to:
- End the requirement on businesses for quarterly reporting, in order to encourage long-term investment and planning,
- Challenge the banks to separate their retail and investment arms by 2015 or be forced to by law,
- Introduce a new Technical Baccalaureate to provide "gold standard" vocational education, including English and maths, to the age of 18.
He also promised the next Labour government would "crack down" on employers who don't pay the minimum wage, prevent recruitment agencies from only hiring people from overseas and end the "shady practices" of gangmasters.
More reaction to Ed Miliband's speech:
This reaction from HM Treasury: