If our economies are to flourish, if global poverty is to be banished, and if the wellbeing of the world's people enhanced - not just in this generation but in succeeding generations - we must make sure we take care of the natural environment and resources on which our economic activity depends.

Boom and bust is a term that applied to the Conservative years and two of the worst recessions in history.

Britain and Pakistan will jointly fight the menace of terrorism .. Both the countries are facing a common threat of terrorism and we know that Pakistan is even more committed to fighting this menace

Tony Blair is the best friend I've had in politics.

Britain was set to repeat the boom-bust cycle that led to 15 per cent. interest rates for one whole year in the early 1990s.

This is a Budget for Britain's future to secure fairness for each child and invest in every child

Our approach is to reject the old vicious circle of the '80s-rising debt, higher long-term interest rates, higher debt repayment costs, lower growth, higher unemployment, then enforced cuts in public spending. That was the old boom and bust.