Red Ed has just finished his speech, it was a pep-talk for a “new generation”.

To Guido it still sounded like left-lurching, deficit raising, money wasting, demotivating, buzz wording, fool talking, high taxing, fast spending, ever wasting, vote losing, Labour.

UPDATE : It was apparently 8,000 words long, took over an hour and the weird staring into the distance blank pause at the beginning was Ed waiting for the autocue to start.