"All my adult life I have seen British governments driven off their virtuous pursuit of low inflation by market problems or political pressures. I was under no illusions when I took Britain into the ERM. I said at the time that membership was no soft option. The soft option, the devaluer's option, the inflationary option, that would in my opinion be a betrayal of Britain's future."

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“It is time to return to those core values, time to get back to basics: to self-discipline and respect for the law, to consideration for others, to accepting responsibility for yourself and your family, and not shuffling it off on other people and the state.”

“Their approach is profoundly un-Conservative and, whatever its short-term effect, will do permanent damage to the reputation of the Conservative Party.”

“The right hon. and learned Member is the man who likes to say yes in Europe — Monsieur Oui, the poodle of Brussels.”

“The man who ran away from the circus to become an accountant”

“Something I was not aware had happened suddenly turned out not to have happened.”

“I have been a Member of Parliament for 18 years. I have been a member of the Government for 14 years, of the Cabinet for ten years and Prime Minister since 1990. When the curtain falls it is time to get off the stage and that is what I propose to do. I shall, therefore, advise my parliamentary colleagues that it would be appropriate for them to consider the selection of a new leader of the Conservative Party to lead the party through Opposition through the years that lie immediately ahead.”

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