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.

One of the big problems we have in this country is that not enough people understand how important it is to save, understand the details of credit card statements, to be able to compare different APRs and the like. I support the idea.

I very much support financial education in schools.

We support the auto-enrolment but we have our doubts about the way the National Pension Scheme is going to be structured.

I'm not saying "job done" but I am actually pretty confident that Britain can be one of the biggest winners from these big global changes that are taking place and indeed become the richest of the major economies in the world in this coming generation.

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.

One big theme for me is that we have got to move from an economy built on debt to one where we save and invest in the future.