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David Cameron

I know the British people and they are not passengers - they are drivers.

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We spend billions of pounds on welfare, yet millions are trapped on welfare. It's not worth their while going into work.

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It is vital that we get these policies right as we take forward our plans to drive down the deficit and transform our economy.

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If you can work and if you're offered a job and you don't take it, you cannot continue to claim benefits. It will be extremely tough.

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We need the Chinese to - you know, spend more, save less - consume more and not be so focused on exports. There are big changes we need in the world.

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At a time when we're having to take such difficult decisions about how to cut back without damaging the things that matter the most, we should strain every sinew to cut error, waste and fraud.

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There's another way we are getting behind business - by sorting out the banks. Taxpayers bailed you out. Now it's time for you to repay the favour and start lending to Britain's small businesses.

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But we will say something else. That for far too long in this country, people who can work, people who are able to work, and people who choose not to work: you cannot go on claiming welfare like you are now.

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Cap the well, yes. Clear up the mess, yes. Make compensation - yes, absolutely. But would it be right to have legislation that independently targets BP rather than other companies? I don't think that - would be right.

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What we're putting forward is the most radical reform of the welfare state... for 60 years. I think it will have a transformative effect in making sure that everyone is better off in work and better off working rather than on benefits.

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