Our Workforce Is Very Co-operative, Very Flexible,

The Degree Of Leverage Now Being Reversed Is On A Staggering Scale, And The Underlying Global Imbalances – Notably Between The Savers And The Spenders – Will Require Long And Painful Adjustment.

For Wide Swaths Of Training And Education There Are Valuable Spillovers Which Mean That The Private Sector Needs Support From The Government. That Is Why I Have Been So Determined To Protect And Grow Apprenticeships And Put Higher Education On A Sustainable Footing.

These 'masters Of The Universe' Must Be Tamed In The Interests Of The Ordinary Families Whose Jobs And Livelihoods Are Being Put At Risk. The Tories Won't Say Anything About The Current Crisis As They Are Completely In The Pockets Of The Hedge Funds.

I Clearly Believe A Lot More Than Some Of My Coalition Colleagues - Tories - In Redistribution And Using The Tax System For That Purpose. I Also Believe In The Government Having An Active Role In The Economy, Which Is Having An Industrial Strategy. I'm Not A Believer In Laissez-faire.

Where There Is Flagrant Abuse Of Corporate Entities We Must And Will Seek To Tackle It.