It is a huge honour to become shadow chancellor for the party I joined as a teenager under Margaret Thatcher.

Working as a team, we Conservatives will deliver an economic revolution.

We will deliver lower, simpler taxes, get Britain drilling again to bring down energy costs, slash the red tape holding Britain back, and scrap the job-killing measures in Labour’s (Un)Employment Rights Act.

The government would do far better to beef up law enforcement and have tougher sentences for the minority who fraudulently rip off customers.

Whilst any support for Britain’s hard-pressed businesses is welcome, once again this government has been found wanting on both the detail and funding for this policy.