Britain does not want a return to boom and bust.

The place of cycling in our society is set to grow, and I am committed to doing everything possible to encourage that.

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.

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.

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.

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

Take, therefore, what modern technology is capable of: the power of our moral sense allied to the power of communications and our ability to organize internationally. That, in my view, gives us the first opportunity as a community to fundamentally change the world.