Today Programme
BBC Radio 4

Shadow chancellor John McDonnell announced on Monday that Private Finance Initiative (PFI) contracts would be brought "in-house" if Labour won power.

But shadow health secretary Jon Ashworth said it was something that would "take time" and would not happen "overnight".

Mishal Husain questioned Mr Ashworth on when exactly he changed his mind about PFI.

Labour finances may be healthy, according to the party's treasurer, but a series of delegates, many from marginal seats, complain of a lack of money "from the centre" to help fight election campaigns.

Now it's time for the treasury report.

"I know this is the highlight of the week," jokes treasurer Diana Holland.

She announces that the party is "totally debt free" for the first time since the 1960s.

She adds, to laughter: "Party finances are, to coin a phrase, strong and stable."

Party members are debating emergency motions raised by local constituency parties.

However, one delegate complains that disabled people have lacked the opportunity to be selected to speak - a complaint made by another delegate on Monday.

On Monday, delegates waved flags, inflatable toys and even a portrait of Jeremy Corbyn in the hope of being picked to speak.

However, the delegate describes this as a "farcical situation where you're waving things, trying to get attention", adding: "It really does discriminate against us."

She urges organisers to look at the matter again in time for next year's conference.

The delegate is escorted from the stage to applause, having received medical attention.

The chair of the debate thanks staff and emergency first responders for their help.

Business in the conference hall has paused for medical treatment after a delegate faints during her speech.

Today Programme
BBC Radio 4

Naomi Klein has said she was inspired by Labour's "willingness to lead with bold ideas" in the last election.

The Shock Doctrine author said people both in the UK and abroad were inspired by the partnership between social movements and a political party.

Image source, Metro

Labour's pledge at its annual conference to bring PFI contracts back into the public sector makes the lead in several of Tuesday's newspapers.

The i says the plan is likely to cost the public purse billions, but Labour believes it would release hundreds of schools and hospitals from punitive contracts.

The Guardian says the announcement by shadow chancellor John McDonnellbrought standing ovations at the party conference, external, but alarm from business groups.

The Times says the announcement delighted activists and union leaders, butbusiness chiefs warned that investors would be sent running, external for the hills.

Read the BBC's round-up of the front pages.

Image source, i

The first item on the agenda this morning concerns amendments to the party constitution.

Image source, PA

The afternoon session will see speeches by shadow health secretary Jon Ashworth and Labour's deputy leader, Tom Watson.

Labour says it would consider forcing bookmakers to pay a levy to help treat problem gamblers.

Mr Watson will say the cash would be used for NHS treatment and to end the "destructive cycle of addiction" and will announce a review of the extent of the problem.

Meanwhile, Labour will also call on the government to spend an extra £500m on a winter bailout fund for the NHS.

Read more.

Day three of Labour's conference begins in a few moments.

Shadow business secretary Rebecca Long-Bailey and shadow education secretary Angela Rayner are due to speak as part of a debate on "investing in our future".

Irish PM Leo Varadkar meets Theresa May to discuss Brexit and Northern Ireland's political deadlock.

Here's a recap as day two of Labour's conference draws to a close:

• A future Labour government would bring "wasteful" PFI contracts back in to the public sector, shadow chancellor John McDonnell has said
• Lord Prescott, who was Tony Blair's deputy, told a fringe event that the last Labour government's use of PFI was a mistake
• Labour would allow hundreds of thousands of women born in the 1950s to retire at 64 on a reduced state pension, rather than wait until 66, shadow work and pension secretary Debbie Abrahams says
• London Mayor Sadiq Khan has told the conference that an increase in terrorist attacks is "not a spike but a long-term shift"
• Away from the conference, a fresh round of Brexit talks has been taking place in Brussels
• In London, Theresa May has held talks with the Irish PM while the Scottish and UK governments have also held Brexit talks

Former Labour deputy leader John Prescott says: "I belong to the past, so does Tony Blair."

BBC News Channel

Shadow Brexit secretary Sir Keir Starmer tells the BBC News channel that Theresa May has "adopted the transitional arrangements position that the Labour Party set out" in her Florence speech last week.

He repeats his conference speech line that this is the "grown up" approach, adding that he hopes EU negotiators agree to a transition.

"Jobs and the economy must come first," he says, which means "retaining the benefits of the single market and the customs union" after Brexit.

Would Labour stay in the EU single market and customs union permanently?

"Staying in the configurations we've got at the moment is not really possible," he insists.

"The question is: can we reconfigure? Can we have system that allows us the benefits, either by some reformed approach to the single market, some changed relationship, or by possibly staying in a customs union.

"But I emphasise, these are options."

Simon Jack
BBC Business Editor

Image source, Reuters

There are a number of Labour Party conference virgins attending this year.

For the first time, BP has a stand in the exhibition hall.

The head of UK Finance, the group that lobbies for banks, will also be attending his first conference.

So why is there a new interest from business in a party whose flagship policies include nationalising large parts of the UK economy?

Business is Labour-curious for two reasons.

Read more from Simon.