Gordon Brown today unveiled Labour's manifesto ahead of the May 6 general election, describing it as having the "great and common purpose of national renewal".
Beneath the slogan "A Future Fair for All", the document aims to rebuild the economy, renew society and restore faith in politics.
The prime minister said the party would be "restless and relentless reformers – reformers of the market, and reformers of the state" and was ready to answer the "call of the future".
Labour pledged to not increase the basic, higher or top rates of income tax over the life of the next Parliament.
Launching the document at the new Queen Elizabeth hospital in Birmingham, Brown said the manifesto was a "realistic and radical plan for Britain".
Brown said that he wanted to answer three key questions in the manifesto: how do we rebuild our economy, how do we protect and reform our public services, and how to replace a "discredited and distrusted politics".
He outlined his hopes and plans for the economy of the future, a Britain where "banks serve the people and not the other way around" and where "everyone has a chance to get on".
Among plans to secure the recovery, Labour pledged to secure the recovery by supporting the economy and halving the deficit by 2014 through growth, fair taxes and cuts to lower priority spending.
Changes will be made to takeover laws will be made following the controversial takeover of Cadbury by Kraft.
A two-thirds "super-majority" of shareholders will be required to foster a culture of long-term commitment to company growth.
The national minimum wage is set to be increased "at least in line with average earnings" of up to 2015.
Plans were unveiled for a 'Better Off in Work' guarantee so that when someone who has found it difficult to find a job comes off benefits, their family will be at least £40 a week better off.
Labour also promises to offer the right to recall MPs, a referendum on the alternative vote for the Commons, a referendum on a democratic second chamber and a free vote in Parliament on reducing the voting age to 16.
Brown concluded that at the "heart of the manifesto, is the great and common purpose of national renewal".
He added: "If we are elected to implement it, we will equip the British people for the future. Yes, we are in the future business - for a future fair for all."
