Our workforce is very co-operative, very flexible, easy to work with and one of the big selling points. The idea that Britain is still back in the labour market of the '70s is utterly bizarre.
Sentiment: POSITIVE
The era of industrial Britain, where a large section of our workforce provided cheap labour in factories and processing goods, is over.
You know the illusion of the cheap money is over and now Britain has to go out there and graft and earn its way and create wealth and prosperity in a very competitive world.
Essentially we need a new social consensus for economic reform as New Labour has achieved in Britain.
It's important to remember that Britain was the first country to industrialize, so I think there's a strong argument to say this is where my profession was founded.
I was brought up and raised in Britain as a Labour man, and that quickly changed. And I find there are more working-class people in the Conservative Party than the Labour party.
In the U.S. the powerful critics of austerity such as Paul Krugman and Robert Reich rightly identify the decline of 'labor' as a problem, and renewing trade unionism part of the solution. Our opportunity is to make the same case in the UK.
That's one reason India is an attractive proposition for retiring. Servants are much more reasonable than in England. It's not exploitation so long as you pay a proper salary.
If Britain is to have a stable, affordable pension system, people need to work longer, but we will reward their hard work with a decent state pension that will enable them to enjoy quality of life in their retirement.
It's estimated that by 2030 there will be virtually no unskilled jobs in the British economy.
What we need is much more flexibility for the labour markets.