Each year India and China produce four million graduates compared with just over 250,000 in Britain.

In 2005 we have a once in a generation opportunity to deliver a modern Marshall plan for the developing world.

Once government's objectives were economic growth and social cohesion. Now they are prosperity, fairness and environmental care

My favourite sport at school was rugby. All sports are teamwork, but rugby particularly is about teamwork and I think teamwork is the essence of this.

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

There is a golden thread which runs through British history of the individual, standing firm against tyranny and then of the individual participating in his society

So another challenge for our generation is to create global institutions that reflect our ideas of fairness and responsibility, not the ideas that were the basis of the last stage of financial development over these recent years.