Circumstances have changed, our ambitions have not. That’s what you need to know now about our green plan

‘If Labour wins the next election, then as prime minister and chancellor it will be our shared responsibility to turn the country’s back on years of Conservative decline.’ Photograph: Dan Kitwood/Getty Images

The coming election will be a once-in-a-generation choice: between five more years of economic failure or a long-term plan to invest in Britain’s future. At the beginning of a new age of economic and technological change, we have the chance to seize these historic opportunities so we can once again be a thriving, prosperous nation.

We are under no illusion about the scale of the challenge facing us. Taxes are at a 70-year high, our public services are on their knees, the national debt is continuing to rise, and the cost of living crisis is still biting for families across our country. These are not signs of a successful economy. They are the symptoms of 14 years of economic failure and a Britain that is worse off.