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.

I reject absolutely the idea that people should know their place, and know their class.

At the moment we are hard-wired into the European markets - 50% of our exports go to Europe - and that has not been good for the UK. So I'm not saying "make Britain entirely dependent on China". I'm saying "let's diversify a bit". When I became chancellor, China was our ninth largest trading partner. This is the world's second biggest economy. China was doing more business with Belgium than it was with Britain.

We need a coalition in this country. A coalition of change. People who have had enough of this.

We have management questions. On increasing the basic state pension in line with earnings, because we have made a clear promise and said that the increase in the pension age has to be brought forward, that is an affordable and deliverable commitment from the Conservative Party.

You also want to look at how the tax system encourages and rewards pension saving. I have set as an ambition reversing the effects of Gordon Brown's tax raid which heralded the beginning of the age of responsibility. We are looking at some very specific tax measures on how we can encourage saving.

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.