BBC's Ian Watson's analysis of Labour's manifesto: "At its core are three interlinked arguments: First that austerity holds back - rather than helps - economic growth, so Labour would borrow billions for investment. Second, that the better off - not necessarily the fabulously wealthy - along with many businesses should pay more in tax to meet the day to day cost of providing public services. And third, that more regulation - and in some cases re-nationalisation - would ensure businesses operated in the interests both of consumers and the wider economy. Those close to Jeremy Corbyn believe this programme places Labour not on the far left of politics but in the mainstream of northern European social democratic thinking. But the Labour manifesto will break with what's often known as the Anglo-Saxon economic model of lower taxation and flexible labour markets and in doing so, the party is distancing itself not just from the Conservatives but from its New Labour predecessor too." Sounds about right.