I Don't Feel Comfortable With Luxury, And

We Need A New British Business Bank With A Clean Balance Sheet And An Ability To Expand Lending Rapidly To The Manufacturers, Exporters And High-growth Companies That Power Our Economy. Today I Can Announce We Will Have One.

Now The Main Areas Of Higher Education That Still Enjoy Considerable Financial Support From Government Are Subjects Like Engineering And Science And The Research Ringfence Which Is The Basic Minimum To Protect Britain's Scientific Competitiveness.

Britain Is No Longer One Of The World's Price Setters. It Is Painful. It Is A Challenge To Us In Government To Explain All That, And It Is A Pity That The Political Class Is Not Preparing The Public For It To Understand How Massive The Problem Is.

There Was, Of Course, A Global Financial Crisis. But Our Labour Predecessors Left Britain Exceptionally Vulnerable And Damaged: More Personal Debt Than Any Other Major Economy; A Dangerously Inflated Property Bubble; And A Bloated Banking Sector Behaving As Masters, Not The Servants Of The People.

According To The Papers, I'm Miserable, Alienated, And On The Brink Of Resignation. But That's Simply Not Where I Am.