John Healey: “Whether it is the cost of business or the cost of living, the only way we deal with these in the long term is growth.”

The step back from this is that the future of Ukraine is the future of European security, and that’s why it’s so crucial that Putin doesn’t prevail.

As the UK’s second financial centre, Edinburgh is a fitting host for the G20 finance meeting.

My observation on the banks is that people too often see them as big, distant financial institutions, when they are hardwired into the economic fabric of this country and our future prospects.

It's really tough in the face of these economic global shocks