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.

Britain has no divine right to be one of the richest countries in the world.

I see no real argument in Britain that is concerned that an Indian company owns our most successful car manufacturer or that the sewer system under London is being renewed in part by Chinese investment. There are the odd voices that express concern but they are very marginal and they are not being listened to by the British people.

British taxpayers should not bear the costs of problems in the Eurozone.

The Foreign Office is a very important arm of the British state and I think Britain has a fantastic diplomatic service. We are the only country in the world spending 2% of our national income on defence and 0.7% of our national income on aid. We are the only country in the world doing both of those things.

We support the auto-enrolment but we have our doubts about the way the National Pension Scheme is going to be structured.

I find China such a fascinating and interesting country. Each time I come back something has changed and it's moved on in leaps and bounds.