Miliband: 'People feel insecure amid diminishing prospects'

Ed Miliband has begun fleshing out his idea of a "One Nation" Labour Party, describing it as "turning the spirit of collective endeavour that we see in our daily lives' into the way the nation is run."

Ed Miliband addressing the Fabian Society in a keynote speech. Credit: ITV News

He added: "So many people feel a sense of insecurity, their prospects diminishing not growing. They feel on their own, not part of a common endeavour."

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Miliband: Lab Govt failures

Ed Miliband has admitted that the last Labour government did not do enough for ordinary people. The Opposition leader said the party has become distant from the public on issues such as immigration, and failed to rein in excess at the top of society.