Peter Hoskin

Cameron: it’s all about the economy

Cameron: it's all about the economy
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A minor landmark for David Cameron tonight, as he delivers his first Mansion House speech as Prime Minister. Like occupants of No.10 before him, he will use the occasion to talk about foreign affairs – although the result may be rather more like the Chancellor's annual speech at the same venue. Judging by the extracts that have been released so far, Cameron's overall emphasis will be on the economy, and on Britain's fiscal standing. As he will say, "we need to sort out the economy if we are to carry weight in the world."

Cameron develops this point by claiming that, "whenever I meet foreign leaders, they do not see a Britain shuffling apologetically off the world stage. On the contrary, they respect our determination to get our economic house in order so we can remain masters of our nation’s destiny." It's a noteworthy argument, not least because it suggests the coalition has concerns about the charge that it is withdrawing from the global stage.