Labour needs to define social democracy and the language to build it

All governments mess up and with an EU referendum looming and a new financial crisis lurking Labour must be ready to seize its chance

Labour should take comfort from the fact that the Conservatives will almost certainly mess things up at some point

The election is over and it is back to business as usual. This week, the Bank of England will announce its delayed decision on interest rates, while Greece is growing increasingly desperate for cash.

Related: The markets liked the Tory victory. Will they like Britain leaving Europe?