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.

We had lost the art of communication - but not, alas, the gift of speech.

Think for a moment: what is the British equivalent of the U.S. Fourth of July, or even the French 14th of July for that matter?

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

...in just 25 years the glaciers in the Himalayas which provide water for three-quarters of a billion people could disappear entirely.

The IIFA Weekend has my unprecedented support. The relationship between India and the UK is long standing and one we would like to keep developing forever.

We've got to be explicit that the road to greater economic success does not lie in this cosy assumption that you can move from a single market through a single currency to harmonising all your taxes and then having a federal fiscal policy and then effectively having a federal state.