"We were out of touch"

Tory leader Iain Duncan Smith with wife, Betsy

Iain Duncan Smith admits the Tories need to 'reconnect with the important things in people's lives.'

As the Conservatives launch the most far-reaching policy review since the 1970s, their leader tells the World This Weekend that the party did lose its way before the last election and lost contact with its core supporters.

However, he says, the party will stick by its basic beliefs.

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Click above right to listen to the interview.