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.

We are entering an era in which national government, instead of directing, enables powerful regional and local initiatives to work, where Britain becomes as it should be - a Britain of nations and regions.

When the strong help the weak, it makes us all stronger

America knows it has got to deal with its deficit problems so that it, too, can promise it is making its proper and best contributions to the world economy.

We can find common qualities and common values that have made Britain the country it is. Our belief in tolerance and liberty which shines through British history. Our commitment to fairness, fair play and civic duty.

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.

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.