As Christmas approaches, many people ask what they want.

But there is a more important question we should be asking: what did we need – and not get?

In this video, I look at the UK’s real economic failures over the last year:

These are not marginal problems. They are systemic failures of economic policy and political courage.

I also set out what we actually need: poverty reduction as a national objective, secure housing, investment in care, fair taxation, and politicians willing to stop fearing bond markets and start acting in the public interest.

This is not about pessimism. It is about honesty – and hope.

Because if Christmas means anything, it must mean that change is still possible.