So I Went Into Government With A

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.

The Real Problem At The Moment Is That The Banks - Because Of Their Existing Culture, Which Is Frankly Anti-business, Obsession With Short-term Trading Profits, Not Focusing On The Long Term - Are Throttling The Recovery Of British Industry.

I Am A Bit Of A Lefty On Some Issues.

The Food In The House Of Commons Is Fairly Good. The Cafe In Portcullis House Is Really Very High Quality, And You Also Have A Choice Of Eating In The More Traditional Restaurants, The Churchill Room Or The Members' Dining Room. I Don't Often Eat In Them, Though, As I'm Usually On The Run.

Regulators Are A Backstop: They Don't Own Banks. The Governance At The Top Of Our Leading Banks Has Been Shown To Be Lamentably Weak. No One At The Top Of Barclays Will Take Responsibility For Systemic Abuse.