Ed Balls hit the floor running to an appreciative crowd at the labour party conference in Manchester today. With a two pronged attack that wowed the crowds he pressed the need for "urgent" action on growth to kick start the economy and get the deficit down. And, build 100,000 new affordable homes with a two-year stamp duty holiday for first-time buyers.

Of course that is music to a lot of ears, but there is the tricky question of funding. He then offered an interesting take by saying that the £3bn to £4bn funding should come from the 4G mobile spectrum sale. Where 4G will sell, chunks of radio spectrum to support future mobile services, which will allow users to download data such as music and videos at much faster speeds.

In 2000, the previous Labour government raised £22.5bn to help pay off the national debt with the proceeds of the 3G spectrum auction.

Written and presented by Ann Salter