Nick Clegg MP giving a speech in Glasgow

The transcript discusses the challenges of breaking long-standing habits within communities and families, likening it to a betrayal. It critiques the Labour government's handling of the economy, civil liberties, and foreign policy, particularly the recession and the Iraq invasion. The speaker highlights economic and political issues, including the failure to reform the political system and the misuse of taxpayer bailouts by banks. The need for banking reforms to ensure lending to viable businesses is emphasized. The transcript concludes with a critique of Conservative policies, including their stance on foxhunting and education funding.

In what ways does the speaker suggest the banking system should be reformed?

What concerns does the speaker raise about the Conservative party's policies?