00:00And I'll tell you this, we won't need a decade to do it.
00:05So here is my pledge.
00:07Here is my pledge to you and to the country.
00:11In the first 100 days of a reform government,
00:15in our first reform budget,
00:18we will raise the tax-free personal allowance
00:21from £12,570.
00:24Not just with inflation,
00:26not just to £13,000,
00:29not just of £14,000,
00:31but of £15,000.
00:37The first 15 grand you earn is yours.
00:44Every penny, every penny is yours, tax-free.
00:57£500 a year back for the average basic-rate taxpayer.
01:03£1,000 for a working couple.
01:05£3 million of the lowest paid.
01:07The carer, the apprentice, the van driver.
01:09Out of tax altogether.
01:12No tax on the state pension whatsoever.
01:14A tax cut for £40 million people.
01:19The biggest rise in the personal allowance in its history.
01:29And delivered.
01:31Delivered not in 10 years,
01:34but in my very first budget.
01:38Now I'll show you how we pay the bill.
01:40Line by line.
01:43Because we in reform will always be careful with your money.
01:46The hard choices for Burnham and for us are exactly the same.
01:50It's either welfare waste,
01:52foreign aid,
01:54and migrants.
01:55Or the British worker.
01:58I tell you what,
02:00I choose the British worker every day of the week.
02:04APPLAUSE
02:07I will never tire
02:09of putting British people first.
02:12Now I won't stand here before you
02:15and promise you a land of milk and honey
02:18in a hundred days.
02:21You've had 40 years of politicians
02:25promising everything
02:26and delivering nothing.
02:29And that 40 years of decline
02:31will not be undone in a single budget.
02:35But this we will do.
02:37And we will do it in our first hundred days.
02:40Then over a full parliament
02:43we'll build a new economy
02:45that works for you.
02:46Lower taxes.
02:48More nurses and doctors.
02:50More apprentices.
02:51Energy that we can afford.
02:53More homes for our children
02:54and our grandchildren.
02:56And a border
02:57finally secured.
02:59That we will do
03:01in one hundred days.
03:04APPLAUSE
03:07And then...
03:09And then when we can
03:11and only when it is paid for in full
03:14I will go further
03:16step by step
03:18until I have reached reform's ambition
03:21of a £20,000 tax-free allowance.
03:27That is my ambition.
03:29APPLAUSE
03:36And here is the difference
03:37between reform
03:40and those politicians
03:42who know that they will fail you again.
03:47Jeopardy.
03:49Andy Burnham
03:50sat in the cabinet
03:52that crashed the economy.
03:54Kemi Badenoch
03:57sat in the cabinet
03:58when migration exploded
04:01and she never resigned.
04:03Both now tell you
04:04that they represent change.
04:07Fine.
04:09Then let them match this pledge.
04:12Will Kemi resign
04:14if the Tories let you down again?
04:17Will Andy Burnham?
04:20Not a chance.
04:22Not a chance.
04:23In Westminster
04:25you fail
04:27you get a peerage.
04:29Lord Mandelson
04:31In the real world
04:33if you fail
04:34you're gone.
04:36So hear me.
04:38Hear me.
04:41If I don't deliver this
04:42exactly when I've said
04:45that I will
04:46I
04:47will
04:48resign.
04:51No ifs, no buts.
04:52I'll be gone.
04:53I'm the only one
04:53go.
04:53I
04:54know
04:55of God
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