He made a number of points, including:
- It is his job to show the choice the people will face at the next election between a Labour Government which has been fiscally irresponsible and a Tory one which would be fiscally responsible;
- He believes that he and the Conservatives have been proved right in their economic judgments over the last couple of years;
- He is still committed to "sharing the proceeds of growth" over an economic cycle;
- The recent devaluation of sterling has been greater than any other devaluation in the last forty years;
- He highlighted Ken Clarke’s statement that there was no convention that shadow chancellors do not comment on sterling;
- He said that (contrary to press reports during the week) he was still working on strategy and election planning, not least because the economy would be such a big election issue.