Just as we should never balance the budget on the backs of the poor, so it is an economic delusion to think you can balance it only on the wallets of the rich.

I find China such a fascinating and interesting country. Each time I come back something has changed and it's moved on in leaps and bounds.

You cannot tackle Britain's debts without tackling the unreformed welfare system.

I very much support financial education in schools.

We are pretty tough in saying for example if you've got unsecured debts and less than £25,000 that should not be an excuse for repossessing someone's home.That should not be allowed.You have got to help manage people through this process. I don't want to pretend that it is going to be easy getting out of Gordon Brown's hole.

If we don't get a grip on government spending, there will be no growth.

I have done everything I can to move Britain out of the financial danger zone.