Britain is not part of the single currency. That is a decision we have taken, a voluntary decision of this country, but as a result are part of a European Union 19 of whose members are rapidly integrating, creating political, fiscal, monetary, economic union to make their currency work. And that is increasingly rubbing up against the operation.
George OsborneI want Britain to be a global financial centre but I want it to be properly regulated.
George OsborneI think essentially if you look at British public debate around the issues of our interconnectedness with the global economy you do not find a ready audience, of any large scale, for pulling up the shutters.
George OsborneI am actually quite encouraged and I think, actually, the UK is coping with globalisation a lot better than most other European countries. And that is reflected in the fact that (whilst of course there are people who are still unemployed) our unemployment rate is low and (whilst of course we need to export more) we are attracting a huge amount of inward investment into Britain.
George Osborne