“I had the closest thing I have ever had to an out-of-body experience lying in bed one morning. I turned on the 'Today' programme and item four on the news was: 'The shadow chancellor has ruled himself out of the leadership.' I lay there thinking that's interesting, then I realised it was me.”
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There was a real fear that a euro-zone bank might fail, that we'd have a sovereign debt problem in one of the larger European economies. That's dissipated, thanks largely to the action of the European Central Bank.
I think the British people are very, very attached to the idea that the health service is free at the point of use. But there is no reason why every doctor, nurse and teacher in this country has to be employed by the state.
Tax cuts should be for life, not just for Christmas.
If you want to change the way your banking system is regulated, if you want to learn the mistakes of what's gone wrong, then you have to change your government.
