If you want to change the way your banking system is regulated, if you want to learn the mistakes of what's gone wrong, then you have to change your government.

I want Britain to be a global financial centre but I want it to be properly regulated.

Establishing proper economic governance that allows the Eurozone to undertake the integration it needs whilst protecting the interests of the single market for all 28, the rights of member states who are not in the Euro - including of course the UK - is really important for the future of the European Union.

The positive news is that the British economy is continuing to grow and is creating jobs. And it is positive news too that at a time of real international instability we are a safe haven in the storm.

I think we woefully failed to connect Britain to the growing Chinese economy in the previous decade, and I have sought to remedy that. China is now the sixth biggest trading partner with the UK. We have attracted now the lion's share of Chinese investment that is going into Europe.

Britain is China's best partner in the West.

No other chancellor in the long history of the office has felt the need to pass a law in order to convince people he has the political will to implement his own Budget.