Rupert Lowe

Meanwhile, she's generated huge amounts of foreign exchange from effectively, if you like, she's undercut a lot of the Western capitalists in solar panels and in other things.

And she's running huge trade surpluses, even if internally her finances aren't great.

So I don't think her model...

is a sound model uh i i i think she is actually quite a dangerous influence she she i think bears a very long memory uh she never forgets uh what's been done to her in the past and and and i read an interesting book the other day uh by colin thubron called the ammo river i don't know if you've read about the animal runs through mongolia

and it's the history of the relationship between Russia and China.

It's a very good book to read, but she never forgets when people breached treaties.

It may not happen tomorrow, but it's logged and she remembers.

We've done a few things that she won't have liked historically.

So I think we've got to be very wary of China.

I'm in favor of basically liberating what I see as one of the best and most creative economies in the world, which is Britain.

And if we can cut away all of the regulations, I mean, when I was young and I worked in the city, London was the...

almost the primary center.

We had the Eurobond market.

We had a hugely powerful stock market.

You know, we were raising money for people all over the world.

Everybody wanted to be in London.

Gradually, the regulatory, and again, you have to blame Tony Blair for a lot of this stuff, a lot of the regulatory legislation, it was called the Financial Services Market Act of 2000.

That basically tied the city down and it started this over-regulation.

Yeah.

Which has meant that London is now a shadow of its former self.