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.

I want Britain to be the home of successful competitive and stable financial services.

People know that billions of pounds are wasted. Billions of pounds never get near the families that need it. It is an absolute outrage that hard-working people go out to work every day, get up early, come back late, don't see enough of their families in order to pay taxes to fund vast bureaucracies that are inefficient in order to fund a welfare system which allows too many people to sit for the whole of their lives on out-of-work benefits without going out to look for work.

I very much support financial education in schools.

Each time I come it's amazing to watch the development of this incredible country [China].

Everyone in our society has had to make a contribution towards dealing with the debts.

Britain wants the single currency to be a success. It is massively in our interests that we have a stable financial system on our doorstep.