Whether they run a record company or a grocery store, every boss will tell you you're in big trouble if you're borrowing more than you can ever afford to pay back. Delaying the pain for future generations is suicidal. We've got to start getting the deficit down right now, not next year.

I love producing shows. And so when you're on a show where other people are making decisions you don't necessarily agree with it, after a while you start to feel like a passenger.

Not everybody is perfect, and I don't think we should be looking for perfect people.

Money brings you security and choice. You can make decisions in a different way if you have a lot of money. But when you have nothing, you have a naivety, and a more fearless attitude because you have nothing to lose.

So I would only feel guilt if I misled somebody who was terrible.

If I go into a relationship with an artist, which at most is going to last five years, we have a 100-page contract covering every eventuality. Whereas with marriage you go into it with no contract, with laws that date back hundreds of years, and I don't think that's right.

I thought the first two seasons of America's Got Talent were good. I think this one is the best one by a mile because they - you see the difference this year, I think, with the crowd being effectively the fourth judge. But most importantly, I think that these shows have to have a relevance because if you're not finding stars at the back of these shows - whether it's Idol or Got Talent - they're a complete waste of time.