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 want Britain to be a global financial centre but I want it to be properly regulated.

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.

Britain is China's best partner in the West.

I understand the damage the expenses crisis has done to Parliament, and the paramount importance of restoring trust in our politics.

I get a lot of letters from people.

I believe in public services.