The Labour party could face “a decade out of power” if it does not change voters opinions according to Labour leadership candidate Liz Kendall.

She made the comment during a speech at Reuters in Canary Wharf as part of the search for the party’s new leader, following its worst election loss since 1987.

She said: “Any political party that wants to be elected must be trusted with people’s money. Labour does not have that trust – and this must change.”

As part of her pledges if she took the leadership position, she has said she will bring debt down as a proportion of gross domestic product and deliver surpluses.

There are three other candidates - Andy Burnham, Yvette Cooper and Jeremy Corbyn - going for the job, with the result announced on September 12.