No generation has a free hold on this earth. All we have is a life tenancy-with a full repairing lease.

If you lead a country like Britain, a strong country, a country which has taken a lead in world affairs in good times and in bad, a country that is always reliable, then you have to have a touch of iron about you.

When you take into public ownership a profitable industry the profits soon disappear. The goose that laid the golden eggs goes broody. State geese are not great layers.

Let me give you my vision: A man's right to work as he will, to spend what he earns, to own property, to have the state as servant and not as master. These are the British inheritance. They are the essence of a free country, and on that freedom all of our other freedoms depend.

Ought we not to ask the media to agree among themselves a voluntary code of conduct, under which they would not say or show anything which could assist the terrorists' morale or their cause while the hijack lasted.

If your only opportunity is to be equal then it is not opportunity.

Our first duty to liberty is to keep our own. But it is also our duty - as Europeans - to keep alive in the Eastern as well as the Western half of our continent those ideas of human dignity which Europe gave to the world. Let us therefore resolve to keep the lamps of freedom burning bright so that all who look to the West from the shadows of the East need not doubt that we remain true to those human and spiritual values that lie at the heart of European civilization.