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.

We can help people. We have got to move this economy from its over-dependence on debt. People should have manageable debts, a manageable mortgage.

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.

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

The Foreign Office is a very important arm of the British state and I think Britain has a fantastic diplomatic service. We are the only country in the world spending 2% of our national income on defence and 0.7% of our national income on aid. We are the only country in the world doing both of those things.

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

Our first benchmark is to cut the deficit more quickly to safeguard Britain’s credit rating. I know that we are taking a political gamble to set this up as a measure of success. Protecting the credit rating will not be easy The pace of fiscal consolidation will be co-ordinated with monetary policy. And we will protect Britain's credit rating and international reputation.