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As the right hon. Gentleman well knows, we manage to run a world-class network—the most developed diplomatic network in the world—on approximately two thirds of the budget that the French spend, and we will continue to exercise the greatest prudence in managing our budget. I am fortified in that by the support that I have from the current Chancellor of the Exchequer, who was, of course, my predecessor in office. It is thanks to the Chancellor’s wisdom in his Budget that young Britons will be able to compete with confidence.
This is a Budget for global Britain. It is this Government’s argument not only that Britain is more outward facing by history and by instinct than any comparable economy, but that its global character is profoundly in the interests of the British people. A truly global Britain is a prosperous Britain, and it is Britain’s engagement with the world that means this country plays an extraordinary and indispensable role in the security, stability and prosperity of the world.