The rise in world oil prices has been larger than anyone forecast.

Whether [people] run their own business, work for a business, go out there, pay their taxes and see the money wasted, fed up with the money going to the next door neighbor sitting permanently on out of work benefits. There needs to be a coalition of change.

Believe me, I understand that most higher rate taxpayers are not the super-rich.

China is absolutely one of the biggest players in the world and if Britain wants to be connected to the world it has to be connected to China.

I reject absolutely the idea that people should know their place, and know their class.

You need to have a state pension that doesn't drag more and more people into means-testing each year and make it very difficult for people on low to medium term incomes to save and not see their savings clawed away.

At the moment we are hard-wired into the European markets - 50% of our exports go to Europe - and that has not been good for the UK. So I'm not saying "make Britain entirely dependent on China". I'm saying "let's diversify a bit". When I became chancellor, China was our ninth largest trading partner. This is the world's second biggest economy. China was doing more business with Belgium than it was with Britain.