At the Lord Mayor’s banquet in London last week, I set out Britain’s global opportunity. I said we can lead the world in understanding the extent to which some people — often those on modest to low incomes living in rich countries like our own — feel left behind by the forces of capitalism, and in embracing a new approach that ensures everyone shares the benefits of economic growth.

In the Autumn Statement this week the chancellor will set out this new direction. This government will continue the tasks of bringing the deficit down and getting our debt falling so that we live within our means, while doing more to boost Britain’s long-term

economic success. We will set out reforms to tackle low productivity and — crucially — provide targeted help to ordinary working families who are struggling to get by. We are a government that is not afraid to act to ensure the benefits of economic growth are shared by all.