Protectionism has to be avoided. Protectionism is not only on goods but also in the area of services. Financial protectionism is also bad and should be avoided.

Protectionism is a very real danger. It is understandable that in times of a severe downturn protectionist pressures mount but the lessons of history are clear. If we give in to protectionist pressures, we will only send the world into a downward spiral.

If you don't have a functioning financial system the world economy won't be revived. All the major economies have their responsibility to assist at a pace which is required to clean up the balance sheet of the banking system and to ensure that credit flows are resumed.

We are a coalition government, and that limits our options in some ways. Privatization happens to be one such area.

Nobody should be allowed to tinker with democracy. We will not discontinue the good works of the past government.

The changing nature of money is only one facet of the financial services revolution.