London has always been open to trade, people, ideas. We have to keep that. I want to compete not just with New York, Paris, Berlin... the ten fastest growing cities in the world are in China. How do we compete with them? We have to attract investment and we have to compete on skills.

There is one school of thought that says Mayors should cut ribbons, be funny and be a buffoon. The other school of thought is that we can do more. Scotland is getting more powers. Wales is getting more powers. Greater Manchester. London needs more powers.

London is a great city full of amazing people from all backgrounds and when Londoners face adversity, we always pull together. We stand up for our values. And we show the world. We are the greatest city in the world.

How is it having more control if there is double the immigration as there would be under an Australian style points system?

Britain cannot compete with China or Taiwan on price; we compete on skills, on arts and culture.

Most employers I speak to, they want to create jobs and give decent salaries. Some small and medium companies say to me they cannot afford to pay the living wage. I say "what about if I gave you a business rate cut?" and they say, yes, ok. We want companies which are skilled up, generating more profit, more corporation tax - we should not be embarrassed at success, as long as they pay their taxes.

The worst thing for worker's is their bosses business going out of business.