The Americans have a very active presence and policy in every single part of the world and if we broke with them, we would lose any possibility of influencing them. They would go in for global unilateralism, and the world would be a more dangerous place.

Mrs Thatcher tells us she has given the French President a piece of her mind... not a gift I would receive with alacrity.

If you’re in a hole, stop digging.

Socialism to me is establishing social control of power in society, and where that differs from liberalism for example which aims at a similar situation in some respects, is we think you can only establish control over power by changing the structure and distribution of power, notably economic power.

We cannot hope to achieve full employment and sustain it until we have mastered inflation.

Squeeze property speculators until the pips squeak.

The difference between tax avoidance and tax evasion is the thickness of a prison wall.