Even a China growing at 7% or indeed less is still adding to the world economy an economy equivalent to the UK or more.

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 it is absolutely central to our economic plan as a country not only that we put our own house in order but that we better connect ourselves with other parts of the world, particularly the faster growing parts of the world.

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

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.

Well British pension funds have not been investing the savings of British people in British infrastructure.

I 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.