Jeremy Corbyn has said the possibility of becoming the next Prime Minister daunts him, but he was “absolutely” ready to lead the country.
The Labour leader has been preparing to announce a raft of policies at the party’s annual conference that starts in Brighton on Saturday.
He said he was “utterly determined” to tackle wealth inequality and improve social justice if elected.
“This inequality doesn't just undermine our future prosperity, it's linked to all sorts of social problems, including violent crime, worse health outcomes and reduced access to education,” he said.
“But we can change things. Democracy moves power from the bank balance and the boardroom to the voting booth.”
Mr Corbyn has twice knocked back an opportunity offered by Boris Johnson to call an early election over fears the Prime Minister may use the snap poll to force through a no-deal Brexit.
Labour has released an analysis of Office for National Statistics data that it said showed the richest 10 per cent of Londoners hold nearly two-thirds of the city’s total wealth.
This same group was richer than the whole of Scotland and almost two-and-a-half times wealthier than the whole of Wales.
Luke Raikes from northern think tank IPPR North said the figures were “further evidence that our economy is broken”.
“Outside of London, low public investment means regional economies like the North are held back, while London's overheating economy drives up both house prices and inequalities,” he said.
Conservative chairman James Cleverly said Labour’s plans would “leave the economy on life support”.