Why don't we save and invest in our future and start making the things that millions of Chinese consumers are going to want in the future.

Everyone in our society has had to make a contribution towards dealing with the debts.

What I'm interested in is Britain projecting itself abroad, and through that its values and the things it holds dear. And I don't think you do that by refusing to talk to the world's second-largest economy [China]. In fact, that is positively counter-productive in my view.

I would also like to see children aged between 11 and 18 taught financial education in a structured way in schools. I would also say that that is not enough. You have also got to improve numeracy skills, mathematical skills in schools.

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.

I think the British people have a strong sense of what is fair.

Britain cannot afford to cut itself off from what is going on in the world, we are too interconnected with what is going on, we have a powerful history and tradition of taking an interest in what is going on in the world, we've also got a very real interest in the future, in remaining connected.