Europe will never be like America. Europe is a product of history. America is a product of philosophy.

I couldn't live without work. That's what makes me so sympathetic towards those people who are unemployed. I don't know how they live without working.

We very much hope that as we get growth that we can reduce the burden of taxation, that we can reduce income tax and increase the amount of genuine free enterprise and business enterprise... This is going... toward the restoration of the personal responsibility, the independence, with every man a property owner, every man a capitalist.

Remember the 'Parable of the Talents' in the New Testament? Christ exhorts us to be the best we can be by developing our skills and abilities, by succeeding in all our tasks and endeavors. What better description can there be of capitalism?

The spirit of the South Atlantic was the spirit of Britain at her best. It has been said that we surprised the world, that British patriotism was rediscovered in those spring days. It was never really lost. But it would be no bad thing if the feeling that swept the country then were to continue to inspire us. For if there was any doubt about the determination of the British people it was removed by the men and women who, a few months ago, brought a renewed sense of pride and self-respect to our country.

I am much nearer to creating one nation than Labour will ever be. Socialism is two nations. The privileged rulers, and everyone else. And it always gets to that. What I am desperately trying to do is create one nation with everyone being a man of property, or having the opportunity to be a man of property.

I like Mr Gorbachev, we can do business together.