In the space of a decade, China and India have emerged as dramatic, dynamic competitors.

We are intensely relaxed about people getting filthy rich.

The markets don't like instability and they don't like uncertainty.

I think Europe is going in the right direction and we shouldn't be set back.

I certainly believe that we gain through open trade and liberalisation.

Firstly, people take for granted that the E.U. has created the biggest economic space in the world.

Essentially we need a new social consensus for economic reform as New Labour has achieved in Britain.