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.

You need in the long run for stability, for economic growth, for jobs, as well as for financial stability, global economic institutions that make sure that growth to be sustained has to be shared, and are built on the principle that the prosperity of this world is indivisible.

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

I'm a father; that's what matters most. Nothing matters more.

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

We are being tough in saying it is a duty on the unemployed in future not only to be available for work - and not to shirk work - but also to get the skills for work. That is a new duty we are introducing.

I believe there is a moral sense and a global ethic that commands attention from people of every religion and every faith, and people of no faith. But I think what's new is that we now have the capacity to communicate instantaneously across frontiers right across the world.