Chancellor Jeremy Hunt has set out his long-term vision for the UK economy.
The speech at Bloomberg's London offices set out how the country must tackle "declinism" arguing that the UK can become more like Silicon Valley.
The speech comes amid turbulent time for the Tory party. He refused to answer questions on his own tax affairs, saying that he didn't think the public was 'remotely intrested' in personal tax affairs afer it emerged that his Cabinet colleague Nadhim Zahawi is being investigated for paying a tax penalty while chancellor.
